diff --git a/awx/conf/license.py b/awx/conf/license.py
index 17a1d323c7..820f4f2d58 100644
--- a/awx/conf/license.py
+++ b/awx/conf/license.py
@@ -2,13 +2,17 @@
 # All Rights Reserved.
 
 # Django
+from django.core.cache import cache
+from django.core.signals import setting_changed
+from django.dispatch import receiver
 from django.utils.translation import ugettext_lazy as _
 
 # Django REST Framework
 from rest_framework.exceptions import APIException
 
 # Tower
-from awx.main.utils.common import get_licenser, memoize
+from awx.main.utils.common import get_licenser
+from awx.main.utils import memoize
 
 __all__ = ['LicenseForbids', 'get_license', 'get_licensed_features',
            'feature_enabled', 'feature_exists']
@@ -19,10 +23,18 @@ class LicenseForbids(APIException):
     default_detail = _('Your Tower license does not allow that.')
 
 
+@memoize(cache_key='_validated_license_data')
 def _get_validated_license_data():
     return get_licenser().validate()
 
 
+@receiver(setting_changed)
+def _on_setting_changed(sender, **kwargs):
+    # Clear cached result above when license changes.
+    if kwargs.get('setting', None) == 'LICENSE':
+        cache.delete('_validated_license_data')
+
+
 def get_license(show_key=False):
     """Return a dictionary representing the active license on this Tower instance."""
     license_data = _get_validated_license_data()
@@ -40,7 +52,6 @@ def get_licensed_features():
     return features
 
 
-@memoize(cache_name='ephemeral')
 def feature_enabled(name):
     """Return True if the requested feature is enabled, False otherwise."""
     validated_license_data = _get_validated_license_data()
diff --git a/awx/main/utils/common.py b/awx/main/utils/common.py
index e62d2274c4..c8c382472a 100644
--- a/awx/main/utils/common.py
+++ b/awx/main/utils/common.py
@@ -107,14 +107,13 @@ class RequireDebugTrueOrTest(logging.Filter):
         return settings.DEBUG or 'test' in sys.argv
 
 
-def memoize(ttl=60, cache_key=None, cache_name='default'):
+def memoize(ttl=60, cache_key=None):
     '''
     Decorator to wrap a function and cache its result.
     '''
-    from django.core.cache import caches
+    from django.core.cache import cache
 
     def _memoizer(f, *args, **kwargs):
-        cache = caches[cache_name]
         key = cache_key or slugify('%s %r %r' % (f.__name__, args, kwargs))
         value = cache.get(key)
         if value is None:
diff --git a/awx/settings/defaults.py b/awx/settings/defaults.py
index 189ec344b3..d4747a8078 100644
--- a/awx/settings/defaults.py
+++ b/awx/settings/defaults.py
@@ -481,9 +481,6 @@ if is_testing():
         'default': {
             'BACKEND': 'django.core.cache.backends.locmem.LocMemCache',
         },
-        'ephemeral': {
-            'BACKEND': 'django.core.cache.backends.locmem.LocMemCache',
-        },
     }
 else:
     CACHES = {
@@ -491,9 +488,6 @@ else:
             'BACKEND': 'django.core.cache.backends.memcached.MemcachedCache',
             'LOCATION': 'memcached:11211',
         },
-        'ephemeral': {
-            'BACKEND': 'django.core.cache.backends.locmem.LocMemCache',
-        },
     }
 
 # Social Auth configuration.