This is a word play = and a fairly juvenile one at that - my six year old grandson would find this hilarious. To 'wee' is colloquial for to urinate. (Although Americans say 'pee'). So if someone urinates, they would have 'weed'. The joke is that the sea (the ocean) 'weed', (urinated). The full word 'seaweed' of course merely means aquatic plants that grow in the sea. They do say that humour is the hardest thing to translate to another language, and sometimes- well, it just doesn't. I remember being told a number of 'jokes' by my Japanese teacher and found them utterly incomprehensible, even with a full explanation in English!