A form of plastic bag frequently used for the sale of cheap marijuana. Characterized by the lack of a Ziploc-style seal, the closing of these bags involves licking. Often seen scattered sporadically in the homes of marijuana-smoking individuals.
"This schwag bag is filled with some ugly ass seeds, looks like you got some of that Bobby Brown"
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Sorta like gay, but kinda worse...Shit fag.
Jesus, how could you like "The Break Up?" Ur such a schwag bag!
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