Carbonated Coconut Milk

Carbonated Coconut Milk is an item given to you by the salesman outside Coconut Cafe. It is used by the Medicine Man as an ingredient in the Calming Potion to put the Booga Shark to sleep.

Trivia

 * After you beat the island, you can come back and get more, although you cannot do anything else with it. So it's basically useless in your inventory, while it's still obtainable.