I always thought that the 'snow dream' had something to do with a trip to Colorado like the one where she had written 'Landslide and Rhiannon...which were also songs that were going to be on Buckingham Nicks II.
I don't think this is about drugs at all. Stevie has said that they never did drugs until they joined FM and this was written a few years before.
In the first stanza she says:
"A high price
For your luxury"
I think she's saying that with all the work that they have to do, which she explains in the previous six sentences in the stanza, it's so hard but it's the price for the fame of being a 'good songwriter' or a good band.
The 'let me put you on ice' could be about how they (Buckingham Nicks) have worked in a real studio, worked with great people and then Polydor dropped them. They were shown 'the high life' and then as fast as it started they were put on ice.
That's what I think.
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