Disney has released the first trailer for Sam Raimi’s upcoming fantasy film “Oz The Great and Powerful”. A prequel to the 1939 classic Wizard of Oz, the film revolves around a small-time magician Oscar Diggs (James Franco) who finds himself hurled into the fantastical Land of Oz where he must somehow transform himself into the great and powerful Wizard and just maybe into a better man as well. Mila Kunis, Rachel Weisz, Michelle Williams, and Zach Braff co-star. The film is expected to hit theatres March 8, 2013.