One of only a few puns in Meek’s generally on-the-nose verse, this line plays on the word “time”. First, the time kept by the expensive watch given to Mill by his lady friend, and second, the time he does not have to spend with her despite receiving her gift

Meek likes Tom Ford clothing, which is designed by Ford himself when he’s not busy making Oscar-nominated movies

The Last of the Mohicans is an 1826 novel by James Fennimore Cooper. One of the novel’s main characters is Natty Bumppo, also known as Hawkeye, a white man who was raised among Native Americans.

Kendrick here uses the title of the novel as a nod to the idea of him being the final person of his kind to survive. Whether he is referring to surviving his Compton youth, his status as an original artist in a trend-driven industry, or something else entirely is unclear.

“To smoke one for him” mean smoke a blunt, joint cig etc. in his honor for a memorial type of deed, for the king of pop as of spillin' alcohol purposely intended for the dead homiez.

While MJ may not have smoked cigarettes or marijuana (despite LA authorities finding marijuana in his home shortly after his death), Devo frontman Mark Mothersbaugh claims to have once smoked PCP with the King of Pop:

‘The only time in my life I smoked angel dust was by accident and it was on a double date with Andy Warhol and Michael Jackson,’ laughs Mothersbaugh. ‘We all went to Studio 54 and people were passing drugs all over the place.
“Michael Jackson had just finished doing the movie The Wiz and still looked like Michael Jackson back then – he had an Afro and he was still black. He passed me a joint and I thought, well OK, we don’t have marijuana in Ohio so I’ll try it.’

Minutes later Mothersbaugh found himself on the dancefloor as pillars of light were swirling around ‘like weedcutters’ knocking people over and cutting them up. He turned to his date in horror, only to hear her say: ‘You didn’t smoke any of that angel dust did you?’

This album also happens to be released on the date after Michael Jackson’s death

Tracy Morgan began his career on the show Martin, where he played Hustle Man. According to Wikipedia, “the character sold various items he had from the ‘hood,’ always greeting people with his trademark ‘What’s happ'n, chief?’ and had a pet dog that he dressed as a rapper”

http://www.youtube.com/watch?v=c1UeHdDqL4E

Dunn & Co., sometimes known colloquially as “Alfred Dunn”, is an English chain of menswear retailers