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Lucky wood is not a true bamboo but a variety of the Dracaena family, prized for its hardiness and aesthetic appeal. It features a smooth, wood-like cane or stalk from which vibrant, sword-shaped green leaves grow, often with a yellow stripe. It is a low-maintenance indoor plant that can be grown in soil or water and is popular in home and office decor for its elegant, sculptural shape and for bringing good luck according to Feng Shui.