LTB's are a desirous commodity, in that they provide one with a stench free place for defication, contemplation, urination, and mediation.
When my balls get sticky or sweaty, I just say the three letters, "LTB."
The 'blim' part usually refers to the amount of tobacco being used in the spliff, not the amount of green.
"Shall we roll up an LTB??"
2. A shortened version of saying to someone that they have a little weiner.
3. Used when enraged at random people. Especially at work.
Kris: "Uhh, no. I didn't."