1) Give you the water you were going to get anyway, only you get it a bit earlier, and assuming there are no other wider ripple effects of doing this (a huge assumption to make) then you're just going to wait even longer in between the seeded clouds and the next batch that weather patterns would serve up. So now you're even worse off when the seeded cloud water is used up and the interval to the next bit is extended [1]
Or
2) You're taking water from clouds that would normally have dropped it elsewhere, which just shifts the problem by depriving some other region of the water it relies on. [1]
Or
3) lots of other possibilities I'm not smart enough to think up because weather and climate systems are complicated and the laws around water rights are complicated and I have no domain expertise in either. Though I suppose that's the issue right there: If even I can see swiss cheese holes in the problems with this plan then it's bound to end poorly for someone.
[1] I mean, I'm guessing there's only so much moisture in the air and that taking some out prematurely isn't likely to shift the overall system in a way that makes up for that gap. And even if it did it's still unlikely to preserve the system in a way that keeps the water flowing to where it would have gone without macroscopic human intervention.