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nickel bag 

A five dollar bag of reefer, reference in Jay and Silent Bob Strike Back.
Druggie Kid: Give me a nickel bag.
Jay: Fifteen bucks, little man. Put that sh*t in my hand!
nickel bag by cass3h February 23, 2008

Nickel Bag 

A code word for an amount of marijuana. Originally 5.6 grams of marijuana or one 5th of an ounce. Often confused due to the term "dime bag" code for a $10 bag, the term "nickel bag" was never measured on that same scale. Many avid smokers use this to identify posers and noobs. Where a dime (ten cent piece) refers to ten dollars worth, a nickel (five cent piece) refers to 1/5th of an ounce. A nickel is in fact worth more than a dime when referring to an amount of marijuana.
"If the five of us split an ounce of pot evenly, each of us will have our own nickel bag"
Nickel Bag by Test4Echo August 23, 2014

nickle bag 

a $5 sack of weed. enough for one joint.
"got any weed?" "i got a nickle bag and no douchebag you can't have any."
nickle bag by Johnny Potsmoker March 29, 2003

nickle bag 

$5 worth of bud. Should be enough for More like 4 joints, but now-a-days most dealers slang bags that can only roll 2 and possibly a bowl.
*see examples above*
nickle bag by D-FOES October 28, 2003

Nickle Bag Funk 

1. A small bag of Kind Bud

2. When you capture a fart in a bag and leave it in a confined space as a booby trap.
I cant belive that dude leaving that nickle bag funk in the elevator...what an ass.

nickle bag 

A fuckin' hoe that sucks dick and swallows cum and cheats on her man and takes it up the butt.
You aint nothin but a nickle bag!
nickle bag by Mr. Lil' One July 22, 2004