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1. litfam = Weed.
2. lit, fam = High.

This jargon is used for them kids who are talking about the illicit drugs around parents, to mask the conversation.
1. "When we buying litfam?"
2. "Maaan, I'm lit, fam."
litfam by seanb0a May 25, 2018

what's lit fam 

An expression used to address one's group of friends. Similar to "What's up?"
As Sarah walked into the club she asked, "What's lit fam?"
what's lit fam by starbieslover58 January 19, 2018
An ironic term used to say cool, or great.
"That's totally lit fam"
Lit fam by Myhamsterstacy April 2, 2017
short for the words
Leave it the fuck alone
when someone keeps carrying on about the same shit
dude1:you dude i fucked your mamma last night
dude2:okay nigga
dude1:it was sweet
dude2:okay damit
dude1:but man you should have...
dude2:LITFA motherfucker
litfa by Ragnarok September 28, 2004
A goup of friends or your squad that is fun or cool.Also could be refering to a person who is your friend and telling them something was fun or cool.
Ex:Person one: that was lit fam

Person two: yea that party was lit

Ex : me and my friend were lit last night
Lit fam by Rayray03 February 21, 2017

Lit Fam dab 

If you say this your are brain dead
Teacher trying to act cool: hi lit Fam dab.
Other people:what are you autistic
Lit Fam dab by DFZR June 13, 2018