The severe phobia of being absolutely utterly terrified of peanuts. Being so scared of peanuts that you cannot even be in the same room as them. Every time a peanut is in close proximity you utterly shit bricks and begin to scream ᗷᕼᑌᗴᔕᒍYᗴᔕ.
Person 1: why do you break out into puddles of sweat every time I have a peanut butter sandwich ?
Person 2: I have severe Peanut Phobia, it is not something to joke about.
Peanut coke is a form of cocaine that has been flavored to taste like peanuts. Peanut coke is one of several flavor varities of lavada cocaine, cocaine that is more expensive and purer than regular street cocaine and is also offered in flavors like strawberry, pineapple, etc.