The Queen Of Hip-Hop Soul joins just 10 other artists to ever receive the prestigious honor.
This marks the seventh festival in the founding city.
Items released include a denim jacket and pants, a range of logo tees, and a hoodie.
"Valentine's Day, the worst day, got too many to please," Future sings.
"They can't tell us what to say. We're too powerful," expressed Ye.
Initially, thousands of signatures were removed from the petition before the entire campaign was taken down.
The firey single premiered at 9pm PST on Friday (Jan. 14) via Spotify.
The two-weekend festival will return with YouTube as the official livestream partner.