A person who is half of European descent, and half of Native American descent. Coming from the fact that they'd be part white, part red man, like a candy cane.
Noun. A candy cane is a very gothic practice in which a male will masturbate and as he ejaculates, he cuts his penis with a blade to make it bleed and incidentally create a candy cane.
Verb. To candy cane is to carry out this gruesome practice and is often a fun alternative to circle jerks
Hey dude you wanna go can candycane my dick tonight.