Baked is a word commonly used to describe being high on cannabis. However, this word is used regularly.. it is somewhat restricted to people who smoke 'Sprayed Weed' (the nasty shit). In other words someone who is yet to be a cannabis connoisseur.
'My wife just divorced me because she caught me eating out that blonde's ass and my friend is suggesting I persuade her to remarry me by offering HER anilingus! The man's utterly baked!'