I'm no trademark expert, but I'd say yes, it could be a problem. The issue with trademarks is likelihood of confusion. In other words, is the consumer likely to confuse the 2 products/companies. If one company sells beer named "Colt 45" and another sells computer graphics software called "Colt 45", probably fine.
But just because they're different products doesn't mean it is ok, because if they are marketed to the same demographic and it is likely that demographic could see them as being connected in some fashion, that would be a problem.
"fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
"She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
"everybody's got their hooks into you, fuck em....forge on motherfuckers, drag all those bitches across the goal line with you." - (not so) ill-advised strategy
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