by 1823, "anything that hoots," especially an owl, agent noun from hoot (v.). Slang meaning "nose" is from 1958. Meaning "a woman's breast" (usually in plural hooters) attested by 1972. The Hooters restaurant chain began 1983 in Clearwater, Florida, U.S.
A woman's breasts: Hooters (a synonym, I learn, for knockers) is a nice little play (1980s+)
A marijuana cigarette (1960s+ Students)