1 definition by YankeeFanatic

To smoke weed/pot/ganja and get high.
The magic dragon usually refers to the item the marijuana is being smoked in. ie- bong, joint, pipe
A bunch of friends are sitting around a campfire and about to smoke. John pulls out his pipe and bag of weed and says to the whole group " Who wants to puff the magic dragon?"

Duke William and Dutchess Kate puffed the magic dragon on their wedding night and got baked off their royal asses.
by YankeeFanatic May 14, 2011
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