Color Tags are an easy and efficient way of organizing your project by adding a colored tag to your layers, mask stack components and groups.
Right clicking stack item (layer, group, mask component) shows a subsection “Color Tag” in the right click menu.
Color Tags On Multi-Selected Layers
When layers/components are multi selected and the user picks a color, all selected layers get the same color tag.
Color tags are stored when you save your project so that tags are preserved when loading a saved mix.