To change the color of your text, click on the text to make it active...
1. To change the color of your text, click on the text to make it active/focused (in which the handles will be visible).
2. On the top menu, click on Color button.
3. The color slider will appear and you can click on the color you want to use. You may also hover on the canvas to copy the color your cursor is pointing or you can enter color codes on the slider and then click OK.