1) weak or impotent cannabis or dirt weed; 2)something of exceptionally poor or low quality which is generally looked down upon.
1) Tom refuses to buy or smoke schwag weed - he only likes kind bud.
2) The people joked that Tom has a schwag car, but little do they know he is planning on buying a new Audi next week.
2) The people joked that Tom has a schwag car, but little do they know he is planning on buying a new Audi next week.
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