Nicolas Chartier and his team will kick off talks with buyers in Berlin on the drama, which also stars Catherine Keener and Fallon Goodson.
Production just wrapped in New York on the story of three people with mental illness struggling to co-exist in a small house by the beach.
David Strathairn and Alan Cummings round out the key cast. The filmmaker Carter wrote and directed Maladies and previously directed Franco in the experimental featurette Erased James Franco.
Miles Levy, Vince Jolivette, Jeff Most and Marni Zelnick are producing through Franco’s label RabbitBandini Productions.
Nadine de Barros acquired the project for Voltage Pictures and negotiated with Elsa Ramo on behalf of the filmmakers.
Voltage will debut footage of its in-house production Killer Joe starring Matthew McConaughey and Emile Hirsch. The EFM slate includes legal drama Puncture starring Chris Evans, Ten Year with Channing Tatum and Justin Long and the recent Sundance premiere Another Happy Day starring Ellen Barkin, Ezra Miller and Demi Moore.