When giving the plant as a present to someone, it has a symbolic value. The plant has several symbolic meanings, f.i. : for my sweetheart, for the victors (the Romans already made laurel wreaths), for someone who has recieved his degree,... It is known to be a plant with status. The laurel also used to be placed at both sides of a door, to avert evil spirits. In short, to present someone with a laurel is an excellent idea, you just have to think about it.