POTTSBORO, Tex. (KXII) - "It's a culmination of an ongoing investigation around 2:30 p.m. Thursday," said Denison Police spokesperson Lt. Mike Eppler. "Our special crimes unit detectives served a search warrant on a residence north of Pottsboro and during that time they recovered a large amount of marijuana, over six pounds."
That many pounds of weed has a street value of 24-thousand dollars. Authorities also seized 29 grams of THC wax worth three-thousand dollars. That's a concentrated form of marijuana and it's four times stronger than top shelf weed, according to the DEA.
They also found 48-thousand dollars in cash.
Investigators believe it all belonged to 29 year-old Joel Trent O'Bannon.
"We were assisted by Sherman Police Department, Pottsboro Police Department and the Federal Bureau of Alcohol, Tobacco, Firearms and Explosives," Lt. Eppler said.
Denison Police said they first started investigating him in Denison a few months ago. They kept up their surveillance as he moved the operation to Sherman and then to this home in Pottsboro off Fry's Lane and Locust Road.
"This is more than just your common person out with personal use," Lt. Eppler said. "This is more of a dealer type of thing."
DPD said it's one of the biggest drug busts of the year so far.
Marijuana growing and processing equipment was also taken from the home.
This isn't O'Bannon's first run in with the law. Online court records show he has a lengthy history of drug possession and burglary.
O'Bannon is only facing drug charges at this time.
"Facing two felony charges for possession of marijuana and also for possession of controlled substances," Lt. Eppler said.
Online records show he's already bonded out of jail on Friday, but if he's convicted of these recent crimes, he could face up to 20 years in prison.