A haul of a powerful type of herbal cannabis seized from a Co Londonderry attic could be worth as much as £760,000, the High Court has heard.
Prosecutors said that 38 kilos of a strain known as ‘blue cheese' were discovered during a raid on a house on September 11.
Takeaway boss Frankie Huang (33) of Meadowcroft, Dromore, Co Tyrone, faces charges of cultivating cannabis, having Class B drugs with intent to supply and being concerned in their supply.
Kate McKay, prosecuting, said the cannabis, originally thought to be worth £380,000, is now believed to be the blue cheese type, which costs around £20-a-gram.
“The street value could be as much as £760,000,” Mrs McKay told the court.
Huang was said to have arranged the rental of the Leckagh Drive house and paid a cash deposit. Police later seized two cars at his home, one of which contained £28,000 in cash.
Huang's barrister, Patrick O'Kane, said the accused man claimed to know nothing about the money in his car.
He said Huang had agreed to help a former employee rent out the house because the other man's English was so poor.
“The complexities of the world we live in are that the truth often doesn't sound plausible,” Mr O'Kane said.
He argued that there was no risk of the accused fleeing on bail, pointing to his 10 years spent in Northern Ireland and the two takeaway businesses he runs.
Mr Justice Treacy adjourned the bail application for a week to allow checks on proposed sureties.
He stressed: “I want to be satisfied that the money put forward ... is clean money.”