Start by filling your background by a gradient. Choose #A3D060 as foreground and white as background. Select linear gradient to fill the background.
Now, choose Horizontal Type Mask tool as shown :
Set the font to Times New Roman and set the size to 250 pt.
Again, change the foreground and background colors to #B5CE8C and #AAC07F respectively. Create a new layer by pressing shift+ctrl+n. Fill the selection with linear gradient.
While, selection is still active, go to Edit>Stroke and apply these values :
Now, right click on its layer's name in layer palette and select Blending Options...
Apply these layer styles :
Set the texture in Bevel and Emboss as shown :
Duplicate this layer by pressing control+j. Now go to Filter>Distort>Ripple.
Set the amount to 100 and size to Medium. Press control+f for 6 times to complete your cactus like throne text effect :)
