2) Certain circles (particularly youth) have adopted the "cashed" adjective as the universal term for a status of depletion.
2) "This bag of Funyons is cashed-ass. Take the empty bag to the trash and grab me some Oreo's from the kitchen. Bitch."
Refers to the completion of the smoking of a quantity of marijuana, by bowl or blunt. Appropriate when all marijuana in the device has been consumed, leaving ash.
Past tense of "cash", and more commonly used.
"He received a nasty surprise when he took a hit from the bowl which had just been cashed."