A marijuana cigarette (a.k.a a joint) with the name referencing the widely accepted research that marijuana is a direct cause for schizoid disorders such as schizophrenia.
Dude, get rid of that schizo stick, do you want to be bat shit crazy?
Or
Man, you look like a loser, get rid of that schizo stick before I call the mental institute in advance.
When Mr.Halter is having a schizo attack and trying to communicate
"Oh look, Mr.Halter is doing his Schizo Sign Language again."
Fighting your own imaginations. Just like shadow boxing but a little more lifelike.
Me and the gang(Imagination) were out doing some light schizo sparring before the workout.