diff --git a/BUILD b/BUILD
index e3c765198b2..bf81f842dd6 100644
--- a/BUILD
+++ b/BUILD
@@ -66,9 +66,9 @@ config_setting(
 # This should be updated along with build.yaml
 g_stands_for = "goose"
 
-core_version = "7.0.0-dev"
+core_version = "7.0.0-pre1"
 
-version = "1.18.0-dev"
+version = "1.18.0-pre1"
 
 GPR_PUBLIC_HDRS = [
     "include/grpc/support/alloc.h",
diff --git a/build.yaml b/build.yaml
index a41decd84f7..92c6c5288c5 100644
--- a/build.yaml
+++ b/build.yaml
@@ -12,9 +12,9 @@ settings:
   '#08': Use "-preN" suffixes to identify pre-release versions
   '#09': Per-language overrides are possible with (eg) ruby_version tag here
   '#10': See the expand_version.py for all the quirks here
-  core_version: 7.0.0-dev
+  core_version: 7.0.0-pre1
   g_stands_for: goose
-  version: 1.18.0-dev
+  version: 1.18.0-pre1
 filegroups:
 - name: alts_proto
   headers:
diff --git a/doc/g_stands_for.md b/doc/g_stands_for.md
index 1e49b4d3f17..fa7a02a9766 100644
--- a/doc/g_stands_for.md
+++ b/doc/g_stands_for.md
@@ -17,4 +17,4 @@
 - 1.15 'g' stands for ['glider'](https://github.com/grpc/grpc/tree/v1.15.x)
 - 1.16 'g' stands for ['gao'](https://github.com/grpc/grpc/tree/v1.16.x)
 - 1.17 'g' stands for ['gizmo'](https://github.com/grpc/grpc/tree/v1.17.x)
-- 1.18 'g' stands for ['goose'](https://github.com/grpc/grpc/tree/master)
+- 1.18 'g' stands for ['goose'](https://github.com/grpc/grpc/tree/v1.18.x)