I thought "high" can only be used when you're on drugs, but I guess not?
Native speaker’s answer
Rebecca
It's very possible that the song was written when the writer was high on drugs! But, you're right, it could also refer to a euphoric feeling from something "drug-like," such as feelings like love or a general euphoric feeling. Another meaning of being "high" could be similar to "on top of the world," indicating success and happiness. Ex: I'm on a high from all the good things happening in my life. I'm waiting for the crash when things go badly again. Ex: Don't mind Shaun. He's high right now from the medication the dentist gave him. So he might act a little strange. Ex: They say love is a drug. That's what I'm high on right now.