The drugs were discovered when a lorry was searched on Moorfields Road on 7 May 2016.
The man, who is 25, was arrested in Manchester on Friday morning and brought to Northern Ireland for questioning by the PSNI.
He is due to appear before Ballymena Magistrates' Court on Saturday
He faces charges of supplying a class B drug and being concerned in the supply of a class B drug.
A man has been charged over the seizure of cannabis with a street value of about £300,000 in Ballymena, County Antrim, last year.