Dragon’s Blood is actually a resin, which is harvested from a variety of different plant species. The bright red pigment is what lends it the name Dragon’s Blood. Dragon’s Blood is used for healing, protection, and banishing. Dragon's Blood also comes in handy when it comes to cleansing a space. If the previous occupant of the location left behind some dodgy energy, burn Dragon's Blood incense, or sprinkle the powder around the perimeter to banish away negativity. Blend it with dried sage or sweetgrass for extra metaphysical protection.