I liked the "vintage" comment, so going back even further to Bakshi's inspiration for Avatar.
I've read that Bakshi tried to get Bodé to collaborate on Wizards but it didn't happen so he just did his own version. I can't find that source again; I'm pretty sure it was in a biography of Bodé, though.
In any case, the homage is clearly evident.
That little guy was all over aerosol art for decades, singlehandedly bridging the hippie and hip-hop cultures.
Cheech Wizard is the epitome of sex and drugs; I'm not surprised. He should be the official mascot for hedonism.