The "Django Unchained" filmmaker is set to play the B movie icon in the upcoming Joe Dante project, reported Daily Telegraph.
The "Man with the Kaleidoscope Eyes" chronicles the making of Corman's controversial drug drama "The Trip", which was released in the 1960s with Jack Nicholson in the lead role.
"It's the story of how I made 'The Trip' in the 1960s about LSD. It starred Jack Nicholson in one of his first roles and I took LSD so I knew what it was all about. It was very controversial but it was the only American picture invited to the Cannes Film Festival that year," said Corman of the project.