Talk about having money to burn... A three-foot-long "elephant tusk" marijuana joint that's valued at $24,000 just sold at a charity auction.

Stone Road Farms is the cannabis company in Los Angeles that created the item. The weed cigarette has more than a pound of pot, six ounces of concentrate, and two ounces of bubble hash and the whole thing is wrapped in 24-karat gold leaf rolling papers.

The joint was shaped to resemble an elephant tusk because the charity it was auctioned for is the African Wildlife Foundation. Even thought the joint is worth $24K, it only went for $4,000 in the auction.

Read more at High Times.