diff --git a/src/openedx_core/__init__.py b/src/openedx_core/__init__.py
index 1e2c806f4..e568fa056 100644
--- a/src/openedx_core/__init__.py
+++ b/src/openedx_core/__init__.py
@@ -6,4 +6,8 @@
 """
 
 # The version for the entire repository
+# DEVELOPERS PLEASE NOTE:
+# - 1.0.x is reserved for `verawood-backports`
+# - Use 1.1.0 (if non-breaking) or 2.0.0 (if breaking) as the next `main` release,
+#   and then delete this comment.
 __version__ = "1.0.1"