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Around here I'd be hesitant to do that. Too many pesticides and other things sprayed on or around that stuff (particularly around office buildings with commercial groundskeepers). From personal yards, maybe since there you can control it better.

any cultivation / drying / preparation tips?

I'd love to grow some around my house (just for kicks), but apparently the climate in Utah is not good for holly bushes.

My brother lives in Texas, maybe I'll see if he can find some.