diff --git a/gradle.properties b/gradle.properties
index edebb3de393..17036369b7a 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -29,7 +29,7 @@ micronautRuntimeGroovyVersion=2.2.0
 micronautSpringVersion=3.0.0
 micronautVersion=2.2.1
 objenesisVersion=1.4
-projectVersion=5.0.0-SNAPSHOT
+projectVersion=5.0.0.M2
 scaffoldingCoreVersion=2.1.0
 servletApiVersion=4.0.1
 slf4jVersion=1.7.30
diff --git a/grails-core/src/test/groovy/grails/util/GrailsUtilTests.java b/grails-core/src/test/groovy/grails/util/GrailsUtilTests.java
index 12eafc52f91..f3eb9b53a4b 100644
--- a/grails-core/src/test/groovy/grails/util/GrailsUtilTests.java
+++ b/grails-core/src/test/groovy/grails/util/GrailsUtilTests.java
@@ -29,7 +29,7 @@ public class GrailsUtilTests {
 
     @Test
     public void testGrailsVersion() {
-        assertEquals("5.0.0-SNAPSHOT", GrailsUtil.getGrailsVersion());
+        assertEquals("5.0.0.M2", GrailsUtil.getGrailsVersion());
     }
 
     @AfterEach