It’s high time to hash this out.

A plan for legalizing marijuana in New Jersey was released by state lawmakers on Wednesday — and it may be approved by the end of the year.

The proposal would allow adults 21 and older to buy up to one ounce of weed — as well various quantities of concentrates, liquids and edibles — and allow dispensaries to deliver pot directly to customers and to open public lounges where stoners can get high.

Garden State lawmakers are scheduled to begin debating the bill Monday and are expected to hold a final vote in mid-December, according to NJ.com.

That could make for a very happy new year — if approved, dispensaries already licensed to sell medical Mary Jane could start slinging recreational wacky tabacky as early as January, according to the bill’s author.

“We already have licensed facilities selling medical marijuana and part of [the] bill is to allow them to sell legal marijuana to all those over 21 years of age, immediately upon signature. If they can certify that they have enough product to do it,” Sen. Nicholas Scutari told CBS New York.

But the process won’t necessarily be mellow, because Gov. Phil Murphy’s administration and Democratic legislative leaders don’t see eye-to-eye on some key issues.

The bill limits taxes on pot sales to 12 percent — while the Murphy administration wants 25 percent, Politico reports.

Murphy has also previously opposed the proposed five-member commission that would regulate the doobie market in the state — preferring that his administration retains more control over the industry.

Murphy had pledged to legalize pot within his first 100 days in office — a deadline that blew by in April.