Texas Hemp Coalition Podcast

Colt Power, Power BioPharms

Episode 18

Colt Power a Dallas, TX native graduated from the Episcopal School of Dallas before earning his BA in Business from the University of Notre Dame. While at Notre Dame, Colt was a goalie on the D1 Men's Lacrosse team all four years, earning Big East Conference Academic All-Star in both 2010 and 2011.  Projected to graduate December, 2022, Colt is currently an MBA candidate at the SMU Cox School of Business.

Sports and fitness have always been a very important part of his life, but prior to discovering cannabidiol (CBD) he was dealing with multiple lingering multiple orthopedic sports injuries that would swell during and after exercise, sometimes preventing him from finishing and sometimes shutting him down for days. In search of relief, he tried everything from Tylenol to Advil, ice packs to heating pads, ibuprofen to acetaminophen - yet the swelling and pain persisted. Finally, in 2019, he began taking CBD products daily and quickly I was able to return to high intensity exercise without 90% of the pain or swelling. It surprisingly kept working day after day, month after month. As he did research and investigated the market for the best CBD products, it was difficult to identify brands and products reliably delivering on quality, availability, lab testing, etc. This made it even more uncomfortable to confidently recommend CBD products to friends or family. 

In October, 2020, following countless hours of research, planning, and discussion – he and his wife (Reagan) set out build a 100% Texan, 100% indoor-grown hemp company that produced clean, high quality, trusted CBD products. They immediately got their Hemp Producer license and Power Biopharms was born. 

Colt brings nearly 10 years experience in commercial real estate advisory and consultation to the hemp/cannabis industry. Colt aims to leverage his prior experience with commercial site selection, tenant advisory, design-build / build-to-suit development, investment sales and sale-leasebacks within the blossoming hemp/cannabis industry . Most types users in the hemp/cannabis industry, from cultivators and extractors to product manufacturers, labs and retail stores, nearly all have extremely unique requirements and specifications for their properties and operations. I look forward to working on real estate projects for the industry, helping companies secure their ideal properties and investors maximize value via a deep understanding of the niche market.  

Prior to founding Power Biopharms, Colt joined NAI Robert Lynn's Fort Worth office in 2012 as a commercial real estate broker specializing in tenant representation, consulting and advisory. After nearly 10 years of experience representing both tenants and landlords, dealing with office, medical and flex/warehouse properties, and managing lease, sale and investment transactions, Colt has completed more than 250 real estate transactions totaling $240+ million in value and accounting for more than 1,500,000 square feet.  In 2017, Colt earned both the CCIM (Certified Commercial Investment Member) and SIOR (Society of Office and Industrial Realtors) professional designations, making him one of the youngest brokers in the country to achieve both.  Visit Power BioPharms.