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Re:Pink Floyd, 'The Wizard of Oz,' and Me by msla on Sunday June 25, 2023 @08:49AM (#36467676)
https://en.wikipedia.org/wiki/420_(cannabis_culture)

> In 1971, five high school students in San Rafael, California,[5][6] used the term "4:20" in connection with a plan to search for an abandoned cannabis crop, based on a treasure map made by the grower.[7][8] Calling themselves the Waldos,[9][10] because their typical hang-out spot "was a wall outside the school",[11] the five students—Steve Capper, Dave Reddix, Jeffrey Noel, Larry Schwartz, and Mark Gravich[12]—designated the Louis Pasteur statue[13] on the grounds of San Rafael High School as their meeting place, and 4:20 pm as their meeting time.[11] The Waldos referred to this plan with the phrase "4:20 Louis". After several failed attempts to find the crop, the group eventually shortened their phrase to "4:20", which ultimately evolved into a code-word the teens used to refer to consuming cannabis.[7]

Re:Pink Floyd, 'The Wizard of Oz,' and Me by JohnBooty on Sunday June 25, 2023 @09:06AM (#36467819)
Also from the article:

    Another San Rafael group claims to have originated the term before the Waldos
We don't know!