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I should be able to add a watermark but in Edit there is no mentions of Edit watermark? Why??
Which Lightroom are you using, the Lightroom cloud version, or Lightroom Classic? Are you on a computer or a mobile device?
Lightroom is not capable of adding watermark to images as of now, however, you can add copyright to images in Lightroom.
If you're looking to add watermarks to images, then you can look into using Lightroom Classic: How to use the Watermark Editor to create copyright watermarks in Photoshop Lightroom Classic