I remember doing this from my rookie years in a moment of sheer desperation.
Doing this depends on how desperate you are. If you are totally out of smoke this will suffice and do the job but it will cost you. Like madsative said and headshake said it will taste horrible and will likely give you a pounding headache. Only do as a last resort when you feel as if you are going to go crazy from not having any smoke and you have already searched your area for nugs (including secret places) and not found any and you feel as if you are going to die.