In an interview with ILY, Lil B apologizes for the lyrics and explains what was on his mind at the time:
I want to give a shout out to The Weeknd. I want to apologize and take back saying, ‘Fuck The Weeknd.’ I said it for no reason and thought about why back when I said it. It’s because he un-followed me on Twitter and I felt weird about that, and I thought back to that moment and said, ‘Why’d I do that?’ That’s not right. The Weeknd is a good guy—I talked to him before everything really blew up, and he told me how he felt. I definitely want to apologize about what I said about The Weeknd, and I want him to know that.
He went on to say that he’s not scared to admit that he’s wrong, and that he’s open to learning from his mistakes and accepting when he makes a mistake.