A new poster for director Sam Raimi’s Oz the Great and Powerful has been released.  Disney released a new poster on Halloween featuring the film’s Wicked Witch, and this new one-sheet highlights the numerous fantastical creatures that inhabit Raimi’s Oz.  The pic is a prequel to the classic The Wizard of Oz, and centers on a small-time circus magician with dubious ethics (James Franco) who finds himself transported to Oz and drawn into a battle between the three witches Theodora (Mila Kunis), Evanora (Rachel Weisz) and Glinda (Michelle Williams).  The two posters that have been released form two-thirds of a triptych, so expect one more poster soon.Hit the jump to check out the poster, which sadly is of fairly poor quality.  We’ll be sure to update when/if Yahoo! releases a higher quality version.  The film also stars Zach Braff and Abigail Spencer.  Oz the Great and Powerful opens on March 8th, 2013.Via Yahoo!oz-the-great-and-powerful-posterHere’s the synopsis for Oz the Great and Powerful:

Disney’s fantastical adventure “Oz The Great and Powerful,” directed by Sam Raimi, imagines the origins of L. Frank Baum’s beloved character, the Wizard of Oz. When Oscar Diggs (James Franco), a small-time circus magician with dubious ethics, is hurled away from dusty Kansas to the vibrant Land of Oz, he thinks he’s hit the jackpot—fame and fortune are his for the taking—that is until he meets three witches, Theodora (Mila Kunis), Evanora (Rachel Weisz) and Glinda (Michelle Williams), who are not convinced he is the great wizard everyone’s been expecting. Reluctantly drawn into the epic problems facing the Land of Oz and its inhabitants, Oscar must find out who is good and who is evil before it is too late. Putting his magical arts to use through illusion, ingenuity—and even a bit of wizardry—Oscar transforms himself not only into the great and powerful Wizard of Oz but into a better man as well.

“Oz The Great and Powerful” is produced by Joe Roth and written by Mitchell Kapner and David Lindsay-Abaire (credit not final). Grant Curtis, Philip Steuer and Palak Patel are serving as executive producers. “Oz The Great and Powerful” opens in U.S. theaters on March 8, 2013.