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Actor and rapper Will Smith is all set to star in the high-octane action thriller `Sugar Bandits`. The film, which is based on Chuck Hogan`s book `Devils in Exile`, follows an Iraq War veteran who teams up with a crew of fellow vets to target the drug trade in Boston, reported Variety.

Hogan, whose writing credits include `The Town` and `The Strain` (which he co-wrote with Guillermo del Toro), penned the screenplay. AGC International and CAA Media Finance represent the film`s worldwide distribution rights and will introduce the film to buyers at the upcoming EFM.

According to Variety, Smith and Jon Mone will produce through Westbrook Studios with Ryan Shimazaki overseeing; Stuart Ford will produce for AGC Studios, which is fully financing the film; and Richard Abate will produce for 3 Arts Entertainment.

`Sugar Bandits` is Smith`s most recent feature film. `Emancipation`, directed by Antoine Fuqua, was his last major feature and the first after his notorious Oscars slap. The film sold to Apple TV+ for a market record sum of $120 million at Cannes, but it didn`t have a big enough impact on release. Along with the impending Zombie hit film `I Am Legend`, which co-stars Michael B Jordan and features Smith reprising his 2007 role, he also has the fourth, untitled `Bad Boys` movie in production.

`Sugar Bandits` was first announced back in 2013 with Universal developing the feature. Smith is represented by CAA. Hogan is represented by WME and 3 Arts Entertainment. The European Film Market runs from February 15-21, alongside the Berlin Film Festival which kicks off February 15 with the world premiere of `Small Things Like These` starring Cillian Murphy, reported Variety.

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