TODAY's Takeaway: Fallon and Leno share parting words, parents sue over bullying

Jimmy Fallon and Jay Leno talk "Tonight" and TODAY invites viewers to vote for the best Super Bowl commercial.

1.With the Super Bowl less than a week away, TODAY is inviting viewers to vote for the best Super Bowl commercial of all time. From the Budweiser frogs to Apple's iconic "1984" ad, weigh in throughout the week to make your pick in each round. 

2. Jay Leno and Jimmy Fallon sat down with Matt to discuss the upcoming passing-of-the-mic at "The Tonight Show."

“I hope I make you proud,” Fallon said to Leno about taking over as host.

3. Medicine Man in Colorado is a family-run marijuana store looking to become a national pot franchise.

“We’re trying to make this into an industrial process rather than a stoner process,” co-owner Pete Williams said of his family’s business, which aims to become the Costco of weed. “I think we’re being very successful at that.”

4. Reymundo and Shelli Esquivel are filing a lawsuit against six of their daughter’s high school classmates and their parents, alleging that the students created an Instagram page with explicit photos and comments about their daughter and other minors.

“How many children is it going to take to commit suicide, to kill themselves, to hurt themselves, because of bullies out there and the parents don’t want to take responsibility?” said Shellie Esquivel.

5. Attention TODAY fans! Want to spend a day in Studio 1A? Tell us on Facebook what you love about waking up with Matt, Savannah, and the rest of the gang, and you and a guest could win a trip to the TODAY studio in New York! There are just 2 days left to enter!