Anthony Andrew Dryden (31) and Nicholas Whitcombe (30) appeared in the Royal Court on Friday.
Both men pleaded guilty to conspiring to import cannabis resin into Jersey on four occasions between 1 May 2018 and 13 March 2019.
Additionally, they both pleaded guilty to removing criminal property from the island between 1 May 2018 and 12 September 2018.
Dryden also pleaded guilty to a count possessing 13.41g of cannabis resin on 10 July 2019, and another count of importing cannabis resin before that date.
Dryden was represented by Advocate Francesca Pinel, and Whitcombe was represented by Adovocate Julian Gollop.
Both men are remanded in custody and are due to be sentenced in the Royal Court on 5 January 2022.
They appeared before Commissioner Sir Michael Birt and Jurats Rozanne Thomas and David Gareth Hughes.