I picked this up at the nursery today. It's a Texas Sage which they have labeled as "Silverado Sage". I believe that's just a name for the variant with the very silvery leaves. My understanding is that these can be pruned back very hard and will back bud readily. From what I've read I think that the nursery may have over watered this plant so planning to let it dry out a bit. I'd like to re-pot it into better training soil but at this point in the summer that would probably do more harm then good. Next spring I'll have to decide if I'm going to replant it in another pot or if I'll plant it in the ground and try to get the trunk to thicken a bit.