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redwood (n.)

also red-wood, 1610s, "wood that has a red hue," from red (adj.1) + wood (n.). Of various types of New World trees that yield such wood, from 1716; specifically the California Sequoia sempervirens from 1819. In Scottish English 16c.-18c. the same word as an adjective meant "completely deranged, raving, stark mad," from wood (adj.).

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Definitions of redwood from WordNet

redwood (n.)
the soft reddish wood of either of two species of sequoia trees;
redwood (n.)
either of two huge coniferous California trees that reach a height of 300 feet; sometimes placed in the Taxodiaceae;
Synonyms: sequoia
From wordnet.princeton.edu