diff --git a/ci/benchmark/build.sh b/ci/benchmark/build.sh
index 0ea39a0b365..e186946a3d0 100755
--- a/ci/benchmark/build.sh
+++ b/ci/benchmark/build.sh
@@ -37,10 +37,10 @@ export GBENCH_BENCHMARKS_DIR="$WORKSPACE/cpp/build/gbenchmarks/"
 export LIBCUDF_KERNEL_CACHE_PATH="$HOME/.jitify-cache"
 
 # Dask & Distributed option to install main(nightly) or `conda-forge` packages.
-export INSTALL_DASK_MAIN=1
+export INSTALL_DASK_MAIN=0
 
 # Dask version to install when `INSTALL_DASK_MAIN=0`
-export DASK_STABLE_VERSION="2022.9.2"
+export DASK_STABLE_VERSION="2022.11.1"
 
 function remove_libcudf_kernel_cache_dir {
     EXITCODE=$?
diff --git a/ci/cpu/build.sh b/ci/cpu/build.sh
index ada69fe0923..2e12308169f 100755
--- a/ci/cpu/build.sh
+++ b/ci/cpu/build.sh
@@ -28,7 +28,7 @@ export CONDA_BLD_DIR="$WORKSPACE/.conda-bld"
 
 # Whether to keep `dask/label/dev` channel in the env. If INSTALL_DASK_MAIN=0,
 # `dask/label/dev` channel is removed.
-export INSTALL_DASK_MAIN=1
+export INSTALL_DASK_MAIN=0
 
 # Switch to project root; also root of repo checkout
 cd "$WORKSPACE"
diff --git a/ci/gpu/build.sh b/ci/gpu/build.sh
index 9e0dd884060..3a65130f922 100755
--- a/ci/gpu/build.sh
+++ b/ci/gpu/build.sh
@@ -32,10 +32,10 @@ export MINOR_VERSION=`echo $GIT_DESCRIBE_TAG | grep -o -E '([0-9]+\.[0-9]+)'`
 unset GIT_DESCRIBE_TAG
 
 # Dask & Distributed option to install main(nightly) or `conda-forge` packages.
-export INSTALL_DASK_MAIN=1
+export INSTALL_DASK_MAIN=0
 
 # Dask version to install when `INSTALL_DASK_MAIN=0`
-export DASK_STABLE_VERSION="2022.9.2"
+export DASK_STABLE_VERSION="2022.11.1"
 
 # ucx-py version
 export UCX_PY_VERSION='0.29.*'
@@ -101,7 +101,7 @@ function install_dask {
         conda list
     else
         gpuci_logger "gpuci_mamba_retry install conda-forge::dask=={$DASK_STABLE_VERSION} conda-forge::distributed=={$DASK_STABLE_VERSION} conda-forge::dask-core=={$DASK_STABLE_VERSION} --force-reinstall"
-        gpuci_mamba_retry install conda-forge::dask=={$DASK_STABLE_VERSION} conda-forge::distributed=={$DASK_STABLE_VERSION} conda-forge::dask-core=={$DASK_STABLE_VERSION} --force-reinstall
+        gpuci_mamba_retry install conda-forge::dask==$DASK_STABLE_VERSION conda-forge::distributed==$DASK_STABLE_VERSION conda-forge::dask-core==$DASK_STABLE_VERSION --force-reinstall
     fi
     # Install the main version of streamz
     gpuci_logger "Install the main version of streamz"
diff --git a/conda/environments/all_cuda-115_arch-x86_64.yaml b/conda/environments/all_cuda-115_arch-x86_64.yaml
index ee235049dd7..cd900efced5 100644
--- a/conda/environments/all_cuda-115_arch-x86_64.yaml
+++ b/conda/environments/all_cuda-115_arch-x86_64.yaml
@@ -21,8 +21,8 @@ dependencies:
 - cxx-compiler
 - cython>=0.29,<0.30
 - dask-cuda=22.12.*
-- dask>=2022.9.2
-- distributed>=2022.9.2
+- dask==2022.11.1
+- distributed==2022.11.1
 - dlpack>=0.5,<0.6.0a0
 - doxygen=1.8.20
 - fastavro>=0.22.9
diff --git a/conda/recipes/custreamz/meta.yaml b/conda/recipes/custreamz/meta.yaml
index 989f8855533..b5a27cdac92 100644
--- a/conda/recipes/custreamz/meta.yaml
+++ b/conda/recipes/custreamz/meta.yaml
@@ -29,8 +29,8 @@ requirements:
     - python
     - streamz
     - cudf ={{ version }}
-    - dask>=2022.9.2
-    - distributed>=2022.9.2
+    - dask==2022.11.1
+    - distributed==2022.11.1
     - python-confluent-kafka >=1.7.0,<1.8.0a0
     - cudf_kafka ={{ version }}
 
diff --git a/conda/recipes/dask-cudf/meta.yaml b/conda/recipes/dask-cudf/meta.yaml
index 1c718c0e995..d97a8448a53 100644
--- a/conda/recipes/dask-cudf/meta.yaml
+++ b/conda/recipes/dask-cudf/meta.yaml
@@ -24,14 +24,14 @@ requirements:
   host:
     - python
     - cudf ={{ version }}
-    - dask>=2022.9.2
-    - distributed>=2022.9.2
+    - dask==2022.11.1
+    - distributed==2022.11.1
     - cudatoolkit ={{ cuda_version }}
   run:
     - python
     - cudf ={{ version }}
-    - dask>=2022.9.2
-    - distributed>=2022.9.2
+    - dask==2022.11.1
+    - distributed==2022.11.1
     - {{ pin_compatible('cudatoolkit', max_pin='x', min_pin='x') }}
 
 test:                                   # [linux64]
diff --git a/dependencies.yaml b/dependencies.yaml
index 43fef852c65..074ef3696c4 100644
--- a/dependencies.yaml
+++ b/dependencies.yaml
@@ -141,8 +141,8 @@ dependencies:
       - output_types: [conda, requirements]
         packages:
           - cachetools
-          - dask>=2022.9.2
-          - distributed>=2022.9.2
+          - dask==2022.11.1
+          - distributed==2022.11.1
           - fsspec>=0.6.0
           - numba>=0.56.2
           - numpy
diff --git a/python/dask_cudf/setup.py b/python/dask_cudf/setup.py
index 83b21a0c6f7..651245c4a50 100644
--- a/python/dask_cudf/setup.py
+++ b/python/dask_cudf/setup.py
@@ -8,8 +8,8 @@
 cuda_suffix = os.getenv("RAPIDS_PY_WHEEL_CUDA_SUFFIX", default="")
 
 install_requires = [
-    "dask>=2022.9.2",
-    "distributed>=2022.9.2",
+    "dask==2022.11.1",
+    "distributed==2022.11.1",
     "fsspec>=0.6.0",
     "numpy",
     "pandas>=1.0,<1.6.0dev0",