Police seized more than 34 kilograms of marijuana in the Fredericton area on Thursday.
The drugs have a potential street value of $340,000 if sold by the gram, according to Fredericton Police Force Const. Danielle Carmichael.
If sold by the pound, the marijuana would be worth up to an estimated $150,000, she said in a statement.
An undisclosed amount of cash and a vehicle were also seized.
A 38-year-old man was arrested and is facing charges of possession of marijuana for the purpose of trafficking and possessing property obtained through the proceeds of crime. He has been released from custody, pending his court date next month.
Members of the Fredericton Police Force, the Capital Region Integrated Intelligence Unit, which involves police forces and government agencies in the area, and the RCMP participated in the seizure.
3 grow-ops dismantled
Police say they've also dismantled three marijuana grow-ops in southern New Brunswick, resulting in charges against seven people.
Members of the RCMP, Saint John Police Force and Rothesay Regional Police Force executed four search warrants in the past two weeks in Hampton, Bloomfield and Maces Bay.
Marijuana plants and dried marijuana that could have produced up to 193,000 joints were seized, along with marijuana growing equipment and drug paraphernalia, RCMP Cpl. Donna Shannon stated in a release.
"Thanks to the work of the policing agencies involved, we have been able to keep a significant quantity of drugs from making it into our communities, and dismantle the grow operations that were producing these drugs," she said.
Police do not believe the operations were connected, she added.
On Aug. 28, a 64-year-old man and 54-year-old woman were arrested at a home on Branscombe Lane in Hampton.
On Sept. 5, a 27-year-old man and 45-year-old woman were arrested at a home on Route 121 in Bloomfield.
And on Sept. 10, police executed warrants at a home and property on Maces Bay Road in Maces Bay. Two men, aged 29 and 72, as well as a 65-year-old woman were arrested.
All seven people have been released on promises to appear in court this fall.