What is "schwag"

n. 1 (context slang English) Low-grade or commercial-grade marijuana. 2 (context slang English) (alternative form of swag nodot=1 English) (gloss: trinkets or promotional items given away at an event).

Schwag may refer to:

• promotional items given to employees, visitor to trade shows, etc., an informal variant of swag
• low-grade marijuana