Take the screw out of the sharpener that is holding the blade. Then, take the blade and some semi-coarse sandpaper and rub the blade side against the sand paper and repeat with the other side.
Yes. Having a concealed carry license does not get you past the state laws concerning knives. Most states have laws concerning the length of blade you are allowed to carry...
A chapstick would be very difficult to turn into a pencil shape and it is very unlikely that you'd be able to color it. It also wouldn't have any graphite...