nickelbag

5 dollars worth of pot. Usually used when talking to a dealer.

The example below is from the movie Jay And Silent Bob Strike Back. If you haven't seen it, get off your ass and rent it.
1
Guy: Lemme get a nickelbag
Jay: 15 bucks, little man. Put that shit, in my hand. If the money doesn't show than you owe me, owe me, owe.
(he already owed him $10)

2
i)I just smoked a nickelbag worth of pot.
ii)Did you even get a high?
i)No.
by drinkingbeersbeersbeers August 20, 2007
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