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Dank ass schwag 

Highly potent, yet very dirty weed. The kind your grandpa smokes. Common in white trash areas. Wiggers often smoke this.
Yo, Justin had some dank ass schwag the other night.
Bitch, if you don't give me that dank ass schwag, I'll cut you!
This dank ass schwag is dirty as fuck, but it fucks my shit up!
Dank ass schwag is the shit! And Robin is a bitch!
This dank ass schwag is better than that Bulltrue I got in Halo 3!
Dank ass schwag by Justin Dalton December 3, 2007

professor schwag 

An authority figure, more specifically a policeman, who is a dickhead.
Professor Schwag was such an ass. He searched my car and took my beer and apples.

Buttcrack Schwag 

A baby makin' reggae party rock band from Southern, California that will make your girl's nipples hard
"When I get a boner and I want it to go down, I listen to Buttcrack Schwag!"

bar schwag 

A semi attractive and usually intoxicated person who frequents the same bar and has already slept with all of the regulars.
If you meet a person for the first time that knows everybody at the bar you are in and end up sleeping with them knowing that half the bar already has, that is bar schwag.
bar schwag by schwerve August 10, 2008
Inspired by JSchlatt and first created by Ted Nivison, Schlagg is an ominous and terrifying creature. It is usually seen wearing a blue New York Yankees hat and has a cock for a nose.
"Holy shit. I think I just fucking saw Schlagg, dude."
Schlagg by forsetha December 27, 2020