The phrase (also known as weed etiquette) is used after a friend or acquaintance smokes you out, meaning thanks for the dank herb.
by JacobZD January 02, 2010
Bill: hey Ted, try this rad bud.
Ted: dank you very much, my most excellent friend Bill.
Bill: rad
Ted: rad
Ted: dank you very much, my most excellent friend Bill.
Bill: rad
Ted: rad
by toemas April 24, 2015