Unfortunately, it's been delayed for several years for a variety of reasons, and the latest is a legal snafu between its US distributor, Consolidated, and EuropaCorp, the financial backing company started by Luc Besson. The ongoing legal shuffle about finances and they said/we said court tussles is summed up over at Reuters; basically, EuropaCorp says that Consolidated owes them $3 million, Consolidated says EuropaCorp didn't live up to its end of the bargain, and EuropaCorp struck back with a lawsuit "alleging breach of contract and copyright infringement." In April, Deadline reported that EuropaCorp was actually working out a deal with Newmarket to distribute the movie.
Still with me? The latest is that a California judge has sided with EuropaCorp, issuing a preliminary injunction stopping the release of Morris for the time being; the case is headed for arbitration.
Consolidated is apparently aiming for an October release, but if we've learned anything, it's that it will probably be a long time until we get to see what sounds like a cool crime film with a romantic twist, and another chance for Carrey to show off his ability to pull off a more serious movie.
In the meantime, you can keep up with Carrey on Twitter, where he's been known to reveal details about his personal life, among other oddities.