diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 770cb97d6..5a054fb9a 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.0.0rc1
+current_version = 1.0.0rc2
 parse = (?P<major>\d+)
 	\.(?P<minor>\d+)
 	\.(?P<patch>\d+)
diff --git a/CHANGELOG.md b/CHANGELOG.md
index f347f904a..c01279c7c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,7 @@
 ## dbt-snowflake 1.0.0 (Release TBD)
 
+## dbt-snowflake 1.0.0rc2 (November 24, 2021)
+
 ### Fixes
 - Apply query tags for Seed and Snapshot materialisations ([#20](https://github.com/dbt-labs/dbt-snowflake/issues/20), [#48](https://github.com/dbt-labs/dbt-snowflake/issues/48))
 - Adds column-level comments to Snowflake views ([#17](https://github.com/dbt-labs/dbt-snowflake/issues/17))
diff --git a/dbt/adapters/snowflake/__version__.py b/dbt/adapters/snowflake/__version__.py
index 2c69af52f..a3f4934fd 100644
--- a/dbt/adapters/snowflake/__version__.py
+++ b/dbt/adapters/snowflake/__version__.py
@@ -1 +1 @@
-version = '1.0.0rc1'
+version = '1.0.0rc2'