To let someone with no or little bit of money to smoke your weed because you're nice.
Example 1
Guy 1: Hey man... I need to smoke some weed.
Guy 2: Alright, you got some money?
Guy 1: Nahhh, can you smoke me out?
Guy 2: Of course, I got you!

Example 2
Guy 1: Hey, I got some weed bro.
Guy 2: Ayeeee! Smoke me out!!!
by DankMastrr December 10, 2010
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