The Brooklyn's Finest director has said that the project has been in the works for several years.
Speaking to SOHH, the 43-year-old filmmaker said: "I've been working on it for a while, man. I'm just trying to get the script right, it's a big story. I don't want to get it wrong, it's a big story.
"A few years I've been working on it - it has nothing to do with hip-hop whatsoever, I spent a lot of time in Medellin and Bogota, Miami as well. I know some real cats that used to run with him, with Escobar, and this guy 'Popeye', 'Popeye' was his right-hand man, he's in prison.
"I spent some time on the phone with Roberto, who is his brother, who was his accountant, and another cat who I can't say his name, which was one of his accountants and lives on the East Coast now and a few people in Argentina. So you know, for me, it's a little deeper than that, and I'm just trying to tell a story that's really about a young dude, a revolutionary who lost his way. That's really what Escobar was, he lost his way but he was on the path to do something great then he got lost and that's the story."