
The film will feature Butler's character, Nick, in Europe searching for Donnie (Jackson Jr.) who has gotten himself involved with diamond thieves and the Panther mafia.
Canton will produce the sequel alongside Tooley through Butler and Siegel's production company G-BASE. Gudegast will be writing the script.
The original film, released last month, grossed over $57 million worldwide so far, with more than 30 markets to go.