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QP (acronym) Type: noun, acronym, slang Pronunciation: /q-p/ Plural: QP’s What does QP mean and stand for? Quarter Pound. QP is short for Quarter Pound of marijuana. Similar to QP: Pound, Zip, Half, Quarter, Eight Example sentence: “Let’s get a QP, we smokin’ smokin’.” QP in songs: “Started with a QP then got a pound […]