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The Dracaena draco is known as dragon tree because it was once believed that the red resin exuded by from the trunk and leaves was actually dragon's blood The term is still used to refer to this sap, which has a variety of uses. Dragon tree is an ancient plant native to the Canary Islands where locals used the tree's resin for mumification and hair dye.
Dragon Tree makes a good houseplant and can be grown in a sunny window. It is slow-growing, and will not grow large indoors. Young plants resemble yucca. It can be grown outdoors all year round in zones 10 and warmer. It will tolerate very light frost. Otherwise, it can be moved indoors during cooler weather. Outdoors it can grow to be a full size tree. It is tolerant of drought and resistant to insects and fire.