The equivalent of a "toast" or a "cheers", however, it is primarily used in terms of smoking weed. More specifically, when the two participants touch bongs prior to taking a hit.
"Hey, man, dat 93 octane kush og skunk gas fire jet fuel smoke 3rd degree burn hash smells ripe. " -Ryan
"Gimme a fry and I'll smoke you out." -Dave
"This is it chief." -Nick
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)