A planned police operation has led to the seizure of $150,000 cash and a traffickable quantity of ice, heroin, MDMA and cannabis.
About 60 officers from across the state were involved in raids targeting major drug trafficking players in Launceston over the past two days.
The Greenwood Bar and Empire 44 Bar & Nightclub were among the properties and venues searched as part of the police sting.
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A 28-year-old Kings Meadows man was charged with minor drug offences. He will appear in the Launceston Magistrates Court at a later date.
A 38-year-old Newstead man and a 26-year-old Mowbray woman have been in police custody since Wednesday's raids.
Investigations and property searches are ongoing.
Anyone with information should call police on 131 444 or anonymously report it to Crime Stoppers on 1800 333 000.