WonderWeasel wrote: Thanks for the advice, guys! Everyone I've talked to has told me that it's very hard to maintain adeniums past seedling stage because they're prone to root rot. I started the seeds in jiffy seed starting mix, kept it under a 26w cool white cfl after it sprouted, watered it only when the mix was almost bone dry, and when it was large enough, I transplanted it to a small, 5" clay pot with miracle-gro cactus, palm , and succulent mix and a lot of added perlite (about a 1:1 mixture).
Since that picture was taken, the caudex has fattened up even more, and where the very bottom leaves were, three small shoots have emerged. I will probably end up doing some light pruning encourage some branching out, but I'll hold off on that until spring time. I included a newer pic of it. Again, thanks for the advice guys!