Police Confiscate ISK 500 Million Worth of Cannabis Skip to content

Police Confiscate ISK 500 Million Worth of Cannabis

The Sudurnes Police Department in southwest Iceland shut down two cannabis grow ops earlier this month, one of which was located in a private home and the other in an industrial building.

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Icelandic Police Officers. The photo is not related to the story. Copyright: Icelandic Photo Agency.

They confiscated more than 1,000 cannabis plants during the raid; for comparison, the department confiscated 1,245 plants in total in the past two years. One of the cases is under investigation and the other is resolved, Morgunbladid reports.

It is hard to estimate the value of the plants but it is assumed that the police prevented 150 kilos of cannabis from entering the market.

The average price for one gram of the drug is ISK 3,500 (USD 31, EUR 21) and so the total street value of the plants may be ISK 525 million (USD 4.6 million, EUR 3.2 million).

ESA

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