This interesting moss (once thought by some specialists to be a liverwort) is an E. Asian/PNW disjunct. All the plants in N America are female and possibly all a single clone. The long green threads are leafless stoloniferous shoots. March 2005
Ron, it does, though sexual reproduction can take quite a while. For more details see: http://www.botanicalgarden.ubc.ca/potd/2005/05/takakia_lepidoz.php