Yes. The licensing limitation is only for the number of managed devices. They can be at a single site, two, or even (theoretically) 50 sites.
One limitation of the Campus Manager component (topology view) is that your sites separated by a WAN link will appear unconnected to each other since that component uses the Layer 2 Cisco Discovery Protocol (CDP). CDP does not propagate across WAN links.
You will find more traffic regarding LMS questions at the Network Infrastructure, Network Management section of this forum. Please refer to:
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