Top Definition
When the shelves at a grocery run out of peter pan peanutbutter.
What do you mean there's a Peter pan peanutbutter alert!!!!!
by tony pinto December 02, 2007
1. one is said to have a "peterpan peanut butter alert" when HEAVILY under the influense of cannabis (aka marijuana)

2. to "trip balls"
DUDE! im totally having a peterpan peanut butter alert!
by Mark Farry May 08, 2008
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