At around 4.50pm yesterday, officers acting under a warrant, searched a house in Kirkland Street in the city's Maryhill area.
During the search they discovered the drugs, believed to be cannabis worth about £192,000.
Two men, aged 33 and 34, were arrested as part of the operation. They were detained in police custody in connection with the recovery of the drugs.
A full report will be sent to the procurator-fiscal.
The two men are expected to appear at Glasgow Sheriff Court today.
Police officers were outside the property last night.