The combination of a cuddle, huggle, and snuggle. They are used toward people affectionately, such as showing love or friendship, sometimes as foreplay. It may seem very similar to just 1 of the 3 combined phrases, but you will realize a schnuggle when it happens due to the added awesomeness and epicness.
Carmelle: "You are rad! Let's schnuggle under the moonlight.'
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.