Panic, as hoodlum drinks resin (6)

I believe the answer is:

cashoo

I'm a little stuck... Click here to teach me more about this clue!

'resin' is the definition.
I know nothing about this answer so I can't judge whether this works.

'panic as hoodlum drinks' is the wordplay.
'drinks' says the answer is hidden in the clue (words in the clue have absorbed the answer).
'CASHOO' can be found hidden inside 'panic as hoodlum'.

Can you help me to learn more?

Want a hint initially instead of a full solution? Install my app