The White Horse in Old Road was one of 18 addresses in Harlow that were raided on Thursday 8 October.
The operation resulted in 19 arrests. Seven people have so far been charged with drugs-related offences.
Essex Police’s licensing team applied to Harlow Council for a summary review of the pub’s premises licence, which was considered by the council’s licensing sub-committee on Tuesday 13 October.
Members suspended The White Horse’s licence with immediate effect until a full review hearing takes place.
They also determined that the designated premises supervisor be removed from the premises with immediate effect.
The licence will remain suspended until a full hearing takes place, which is due to be held before 9 November.
Members will then decide if the licence will be permanently revoked and whether a suspension needs to remain in place until any appeal against their decision is made.
Essex Police licensing officer Ronan McManus said: “The police investigation demonstrates a link between the pub and potential criminal activity and for these reasons, working with our partners, we took immediate action to call for a review of its licence to sell alcohol.”
Councillor Shannon Jezzard, chair of Harlow Council’s licensing committee, said: “Following last week’s events the police made an application to us on Monday afternoon for a summary review of the pub’s licence.
“Due to the seriousness of the investigation, a licensing sub-committee had to meet within 48 hours to consider whether any immediate steps were required.
“The sub-committee, chaired by Councillor Nick Churchill, agreed to take immediate steps to remove the designated premises supervisor and suspend the premises licence with a full hearing to be held within 28 days.”