it is slang for weed or marijuana
"yo D got any schmerb"?
"yeah J my Schmerbals are chronic"
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One with poor self-awareness that they are indeed the jokeโusually from behaving in a foolish, douchebaggerish way absent of any clue that they are a moment away from an invite as Guest of Honor for a dinner solely for schmucks tool strapper
Did you see Mike making that lame argument thinking he was clever? Whatta Schmerb!
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