Editor's Note: Welcome to The 4:20 CHRONICle. Everyday at 4:20 p.m. we'll pay tribute to the best time of the day and the best way to spend it. From offbeat marijuana-related news like this one to music to spark up to, if it's something to stick in your pipe and smoke, you'll find it here. Since we're an hour late today, consider this our 4:20 Central Time CHRONICle.

Right now there's an online inquisition as to whether or not James Franco was stoned while hosting last night's Oscars. Personally, I'm hoping he was. I mean, have you seen his movies? At least 40% of his filmography is best understood when blazed face. "Pineapple Express"? Self-explanatory. "Your Highness," his forthcoming movie with Danny McBride? Yeah, I haven't seen it yet either, but I rest my case, based on the title alone. Plus, the Oscars are almost always more boring than watching bathroom caulk dry, even when you smoke a fatty bigger than Cam Newton's ego. Good for him if he puffed down a jay before enduring the circle-jerk of Hollywood's glitterati.

Anyway, Gawker put together a little FAQ on the subject. Here's what Fox News said about Franco's hosting performance: "Franco's particularly mellow performance had many backstage wondering if he was a) high, b) just didn't want to be there, or c) both." Hank Stuever at the Washington Post's Celebritology took it one step further: "As for your hosts, Hathaway worked her derriere off and Franco came off like that lacrosse boy you wish your daughter didn’t hang out with so much, sort of heavy-lidded and smirky and … well, let’s give him credit for being James Franco, the 23-hour-a-day workaholic/grad student/filmmaker/soap-opera/not-Best Actor wunderkind of his generation." Oh snap. Slate blames it on apathy: "Franco did just the opposite [of Anne Hathaway], seeming to withdraw into himself as the show went on, growing flatter and more monotone until, by the end, he might have been reluctantly emceeing a distant cousin's bat mitzvah." According to his own Twitter, Franco eventually bailed on his own party at the The Supper Club and jumped on a flight back to New York. The guy simply had better things to do (i.e. attend grad classes at Yale) than deal with the skullf*ckary of recapping the Award Show Season for "Entertainment Tonight."

Alas, do you think Franco was high while hosting last night's Oscars? Sound Off in the comments. But, before doing so, be sure to check out today's 4:20 Joint below. It's extra fresh.

4:20 Joint of the Day

Have a good story, song, or item of note about tokin' up? Send it along for consideration in future 4:20 CHRONICle posts to joepa [at] brobible [dot] com. Do me a favor and put "4:20 Chronicle" in the subject line.