A non-derogatory description of a homosexual- typically male.
Can be used in a friendly, joking way, usually in conversation with an out-of-closet gay who is already your friend. It can almost be considered a term of platonic endearment for your gay friend.
(can be used as a noun or adjective)

A term used to reference cannabis/marijuana/weed.

The calm before the storm, when things are so calm that nothing can be happening, but you have that weird feeling they are about to start.

When something is banging good or something is gonna be alright