Breakfast of eggs, biscuits, and a pipe, shared by Bilbo Baggins and Gandalf on their journey. Adopted by stoners as a pseudonym for "wake and bake".
Stoner 1: What are you doing tomorrow?
Stoner 2: Gonna have a Baggin's Breakfast and watch a movie. Wanna join me?
Stoner 1: I'll bring the Baggin's if you bring the Breakfast!