I have this little Top of the World(local skate shop) velvet pouch. In there I store the bare neccesitys; My pipe, papers, some sort of material for filters, which tends to be old buss passes, visene, bic lighter... and of course, some good ol' fashion cannabis. In my backpack, I keep the gum and the axe. It's an alright setup... If there's heat, I can just ditch the pouch.

Actually I've done that twice now, and gone back and gotten it later. It works out well.