|re: "did not know i had to do the process twice per cell value!"|
There's no reason to Conditionally Format the list you are using to populate the Drop Downs with, unless you are doing it just for show. Heck, you could do that just with fill colors - no need to CF them.
The only cells you need to CF are the ones with the Drop Downs and you can do them all at once as long as they will contain the same values and be set to the same colors.
Select all of the Drop Downs at once and follow the CF procedure. The CF will be applied to each cell individually.
In fact, if you select all of the Drop Downs and the list, you could CF everything all at once. But again - the source list for the Drop Downs does not need to be CF'd for the CF of the Drop Downs to work.