The song's title is an acronym for Khalifa Kush, a strain of marijuana sold by the San Jose, California dispenser The Cookie Company. The enterprising, weed-loving Wiz allowed the company to name the reefer after him in exchange for an unlimited free supply, which sounds like a good deal for the rapper. He brags about this arrangement on this track when he spits: "I got my own weed sucka, so I ain't gotta hit yours."
Both Juicy J and Project Pat also contributed to the tune.
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