Cordyline fruticosa is an evergreen flowering plant in the family Asparagaceae. The plant is of great cultural importance to the traditional inhabitants of the Pacific Islands and Island Southeast Asia. It is also cultivated for food and traditional medicine and as an ornament for its variously colored leaves.

Its common names include ti plant, palm lily, and cabbage palm. It is a palm-like plant that grows up to 15 feet tall. At the tip of the slender trunk, it has attractive fan-like and spirally arranged clusters of broadly elongated leaves, which range from red to green.

Source: Wikipedia