Baccharis halimifolia

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Large shrub typically multi-stemmed with grey-green leaves.  6 – 12′ tall.  Showy silver-white fruit resembling cotton starts in the fall and persists into the winter.  Full sun – part shade.  Drought and wet soil tolerant.  Salt tolerant.  Coastal native of the Eastern U.S.  Our plants are Long Island native stock.  Zone 5.