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1.
(1.)The state of being slightly under the influence of marijuana but not yet to the point of baked.

(2.)The mild psychotropic state attained from when you consume/respire the substances contained in the cannabis family. i.e. Tetrahydrocannabinol
Person 1. "Why don't we smoke another bowl?"

Person 2. "Because I can conserve my weed, unlike you. I got myself a nice stonerbuzz goin, so we got shit for later "
by JVRC January 19, 2011