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1.
When an older girl acts flirtatiously with a younger boy whom she would never actually hook up with, he is her green jellybean.
The senior girl was sitting on the freshman boy's lap and they were holding hands. Although the green jellybean wanted some action the senior girl was simply a tease and would never fulfill his desires.
by leoizzy41 February 07, 2011
 
2.
Slang for Marijuana.
"Yo man, you got any of those green jelly beans?"
by Sittin' Easy January 17, 2009