The 40 year old male and 39 year old female were arrested on suspicion of a number of drugs offences after police stopped a car on the on Tandragee Road in Newry this afternoon.
They are both in custody being questioned by police.
Detective Inspector Millar said: “This seizure is yet another example of our commitment to policing the threat posed by drugs.
“We will continue to proactively tackle the issue of illegal drugs.
“We want to ensure that we are doing everything possible to prevent the supply of drugs and arrest those involved while at the same time making people aware of the real danger posed to their health and their lives if they take illegal or controlled drugs.
“We are committed to tackling the issue of drugs and would appeal to the public to speak to us if they have any concerns or information regarding drugs in their area. The number to call is 101.
“Alternatively information can also be provided to the independent charity Crimestoppers on 0800 555 111 which is 100% anonymous and gives people the power to speak up and stop crime.”