Preheat your pellet smoker to 250°F using hickory or apple wood pellets
Trim any excess fat and silver skin from rack of lamb and remove membrane. Drizzle with olive oil once trimmed.
Mix kosher salt, black pepper, garlic powder, onion powder, paprika, dried basil and dried thyme in a small bowl to create a rub.
Rub the seasoning all over the lamb ribs, making sure to coat the entire surface evenly.
Place the lamb ribs directly onto the smoker grates and smoke for 30-60 minutes, checking the internal temperature frequently.
Once the lamb ribs have reached an internal temperature of 140°F (medium), remove ribs from smoker
Let the lamb rack rest for 10 minutes before slicing. Serve your smoked rack of lamb ribs with your favorite BBQ sides and enjoy!