Is actually "EL" and is short for El Producto. El Producto is a type of cigar that can be purchased at most grocery stores and gas stations. The cigar is commonly used as a method in which one smokes Marijuana. To smoke Marijuana from a "El" one must first "gut" the cigar or remove its tobacco. Then add the Marijuana and "flex" the cigar or re-roll it. El and Blunt are one in the same with the exception the term Blunt comes from the brand of cigar named Philly Blunt.
Got home from work, flexed a El, kicked my feet up and relaxed.