I’m wasted, Rose thats my favorite

from Chief Keef (Ft. 50 Cent & Wiz Khalifa) – Hate Bein' Sober Lyrics on Rap Genius

Meaning

Wiz Khalifa loves Imperial Rose which is a very fine and rich tasting champagne commonly loved and mentioned by several rappers. Wiz’s love for champagne can be seen throughout his music and even back to his Kush & Orange Juice days!

Also the word Rosé could also be a nod to his Fiance Amber Rose.

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