He's back, he's mean -- he's high? Again? The Leprechaun is back in the hood, all blazed up and seeking revenge. When a group of friends discover his treasure, they soon find out they've unleashed a can of whoop ass. With their stack of riches, the group of hoodlums goes from poor to ghetto-fabulous overnight, spending their newfound loot on pimped-out cars and hair extentions. One by one, the friends stand up to the weed-smoking, knife-weilding, car-stealing Leprechaun who will stop at nothing to get his treasure back. Evil has a whole new rap and the kids from the hood had better watch their backs.