Shmip is another word for marijuana. It can be used as a verb or a noun.
Do you have any shmip?

Let's shmip... or... have you been shmipping?

We were shmipped.

He was all shmipped up.
ayon kay squashy ika-26 ng Abril, 2009
shmips is slang for a mixture of cocaine and marijuana wrapped in paper, it originated in Brooklyn and it is smoked.
Man 1: did you see what that guy was smokin'?

Man 2: shmips, that's some serious shit!
ayon kay krefs ika-02 ng Hunyo, 2011
Shmips is a slang word of saying a mixture of marijuana and cocaine wrapped in paper, this mixture originated in Brooklyn NY,
Man1:hey did you see that guy smoking shmips?

Man2: yeah, where'd he get that shit?
ayon kay JefferyLake ika-02 ng Hunyo, 2011
Shmip is another word for shit.
made up for the pure fact of confusing people who dont know what it means and to use around children.
India: Yo Jessie,
how's you're little shmip of a brother?
Jessie:Being a little shmip, like usual.
ayon kay inunii ika-13 ng Nobyembre, 2007

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