Not quite the same as the playoff beard. The lay off beard is when you stop shaving every day because you got laid off, and there's really no point anymore, is there?
Guy 1: "Dude, did you forget to shave... for like a week?"
Guy 2: "Oh, it's my lay off beard. Go fuck your sister."
Something that is said to somebody in jest when they make a statement that is so outrageous, it would seem that their mind has been affected by the use of the psychedelicdrug.
Rob: i was listening to some slayer earlier \m/
Vince: yeah they're just alright. You know, they're okay.
Rob: You need to lay off the shrooms bro, you're trippin'. Slayer is fucking awesome!