diff --git a/conda/environments/cudf_dev_cuda10.1.yml b/conda/environments/cudf_dev_cuda10.1.yml
index 8f0378e9bbb..3541ed1208c 100644
--- a/conda/environments/cudf_dev_cuda10.1.yml
+++ b/conda/environments/cudf_dev_cuda10.1.yml
@@ -17,7 +17,7 @@ dependencies:
   - python>=3.6,<3.8
   - numba>=0.49.0,!=0.51.0
   - numpy
-  - pandas>=1.0,<=1.2.3
+  - pandas>=1.0,<1.3.0dev0
   - pyarrow=1.0.1
   - fastavro>=0.22.9
   - notebook>=0.5.0
diff --git a/conda/environments/cudf_dev_cuda10.2.yml b/conda/environments/cudf_dev_cuda10.2.yml
index a1553db57d7..839533516fb 100644
--- a/conda/environments/cudf_dev_cuda10.2.yml
+++ b/conda/environments/cudf_dev_cuda10.2.yml
@@ -17,7 +17,7 @@ dependencies:
   - python>=3.6,<3.8
   - numba>=0.49,!=0.51.0
   - numpy
-  - pandas>=1.0,<=1.2.3
+  - pandas>=1.0,<1.3.0dev0
   - pyarrow=1.0.1
   - fastavro>=0.22.9
   - notebook>=0.5.0
diff --git a/conda/environments/cudf_dev_cuda11.0.yml b/conda/environments/cudf_dev_cuda11.0.yml
index 6ad69461bcd..401eaea63da 100644
--- a/conda/environments/cudf_dev_cuda11.0.yml
+++ b/conda/environments/cudf_dev_cuda11.0.yml
@@ -17,7 +17,7 @@ dependencies:
   - python>=3.6,<3.8
   - numba>=0.49,!=0.51.0
   - numpy
-  - pandas>=1.0,<=1.2.3
+  - pandas>=1.0,<1.3.0dev0
   - pyarrow=1.0.1
   - fastavro>=0.22.9
   - notebook>=0.5.0
diff --git a/conda/recipes/cudf/meta.yaml b/conda/recipes/cudf/meta.yaml
index ccf8d8b9952..5635f54ba20 100644
--- a/conda/recipes/cudf/meta.yaml
+++ b/conda/recipes/cudf/meta.yaml
@@ -35,7 +35,7 @@ requirements:
     - protobuf
     - python
     - typing_extensions
-    - pandas >=1.0,<=1.2.3
+    - pandas >=1.0,<1.3.0dev0
     - cupy >7.1.0,<9.0.0a0
     - numba >=0.49.0
     - numpy