Ghetto Coozie Share definition Flag Brown paper bag used to conceal a 40 oz beer. Commonly seen around hood liquor stores everywhere. Hey yo, put that 40 of Magnum in a ghetto coozie, police is outside. Ghetto Coozie by Wayne Woj January 27, 2009 0 0 Get merch Get the Ghetto Coozie mug. Buy Now — $32.95 See more merch