The documentary follows the proposed legalization of marijuana, with a focus on Richard Baca, editor of The Cannabist. The film had its world premiere at the South by Southwest Film Festival this week.
"This film couldn’t be more timely," said Alchemy CEO Bill Lee.
Alchemy also previously acquired Antoine Bardou-Jaquet’s "Moonwalkers" out of SXSW. The company plans a release later this year for "Rolling Papers."