Method Man and Redman have money to burn ... literally -- and they proved it this morning in Canada by showing off a blunt they smoked made of 24-karat gold.
Redman proudly displayed the golden L on Instagram this morning ... and said it was the first one available for purchase in Calgary.
M & R didn't offer up much more info -- but a pack of smaller golden joints costs around $55 bucks.
We're guessing the session sounded something like this.
Method Man and Redman
We Smoked a 24-Karat Gold Blunt!
10/18/2013 9:57 AM PDT BY TMZ STAFF
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