A 20-year-old Southern Tasmanian man has been charged with trafficking after a search warrant was executed at a Hobart premises on Saturday.

As a result of the search a significant quantity of LSD and MDMA, as well as a large quantity of cash, was located and seized. The drugs have an estimated street value of $60,000.

The man was arrested at the scene and charged with the major offence of trafficking in controlled substance.

He will appear in the Hobart Magistrates Court in July.

Anyone with information about illicit drugs in our community should contact police on 131 444 or report anonymously to Crime Stoppers Tasmania at www.crimestopperstas.com.au