Bong

Def. verb.
An action that is followed by an explosion of high.

Def. noun.
A device used to smoke marijuana.

Examples as verb.
1. Let's bong.
2. Better the bong, best the bang.
3. Einstein thought about spacetime for a long time, but only after bonging for 4 hours could he imagine a stretchable elastic in and around our world.
4. "Duuuuude... I could see the music after bonging last night."
5. "I bonged my fuckin beach house down last june."

Examples as a noun...
1. I have a green colored bong.