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a combination of the words:
-Guanana
-Sweet
-Candy corn
which are the awesomest things on earth, therefore the word is used to describe something as equally awesome or better
guy1: wow look at that awesome bike!

guy2: yeah that thing is so guaneetcorn!!

guy1: totally!!
by cutestgingeronearth<3 November 28, 2010
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