diff --git a/conda/environments/all_cuda-118_arch-x86_64.yaml b/conda/environments/all_cuda-118_arch-x86_64.yaml
index 39f1fef4d5..01bfe9bff7 100644
--- a/conda/environments/all_cuda-118_arch-x86_64.yaml
+++ b/conda/environments/all_cuda-118_arch-x86_64.yaml
@@ -19,8 +19,8 @@ dependencies:
 - cxx-compiler
 - cython>=0.29,<0.30
 - dask-cuda=23.04
-- dask>=2023.1.1
-- distributed>=2023.1.1
+- dask<=2023.3.1
+- distributed>=2023.3.1
 - doxygen>=1.8.20
 - gcc_linux-64=11.*
 - graphviz
diff --git a/conda/recipes/raft-dask/meta.yaml b/conda/recipes/raft-dask/meta.yaml
index b387f0f47c..a76ff851b1 100644
--- a/conda/recipes/raft-dask/meta.yaml
+++ b/conda/recipes/raft-dask/meta.yaml
@@ -46,7 +46,7 @@ requirements:
   run:
     - {{ pin_compatible('cudatoolkit', max_pin='x', min_pin='x') }}
     - cuda-python >=11.7.1,<12.0
-    - dask >=2023.1.1
+    - dask <=2023.3.1
     - dask-cuda ={{ minor_version }}
     - distributed >=2023.1.1
     - joblib >=0.11
diff --git a/dependencies.yaml b/dependencies.yaml
index 9fbf26bcd1..e9b817c923 100644
--- a/dependencies.yaml
+++ b/dependencies.yaml
@@ -173,8 +173,8 @@ dependencies:
     common:
       - output_types: [conda]
         packages:
-          - dask>=2023.1.1
-          - distributed>=2023.1.1
+          - dask<=2023.3.1
+          - distributed>=2023.3.1
           - ucx>=1.13.0
           - ucx-py=0.31.*
           - ucx-proc=*=gpu
diff --git a/python/raft-dask/pyproject.toml b/python/raft-dask/pyproject.toml
index 2fe6522f57..e93e22014f 100644
--- a/python/raft-dask/pyproject.toml
+++ b/python/raft-dask/pyproject.toml
@@ -38,7 +38,7 @@ dependencies = [
     "numba>=0.49",
     "joblib>=0.11",
     "dask-cuda==23.4.*",
-    "dask>=2023.1.1",
+    "dask<=2023.3.1",
     "ucx-py==0.31.*",
     "distributed>=2023.1.1",
     "pylibraft==23.4.*",