A code word among high schoolers meaning "Marijuana".
Mostly used when talking about such in a class full of snitches and teachers and/or campus security.
Also, fun to see the looks on other people's faces around you when you ask a friend if they've got "Chapstick" or yell that you need some.
Person 1: "Dude... My lips are so dry, I haven't had any chapstick in weeks..."
Person 2: "Yeah? That sucks bro... I heard John's got some though. We should hit him up later for it."
Person 1: "Totally."
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