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1.
A blunt/joint with some bomb ass weed mixed with some regular old green.
Justin: Yo bro i got some dro fa sho!
Josh: Alrite man i got some shwag we gon' throw it together n roll us a pepperjack!
by Jake Monceaux July 10, 2008
 
2.
A female pimp of the highest caliber; likes to have many ho's, who she protects in return for a cut of the profits.
"Oh DAMN! Who is dat pimp over there?!" "Oh, that's pepperjack!"
by Frankindick February 14, 2012