diff --git a/CHANGELOG.md b/CHANGELOG.md
index 03992136a..610a776ff 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,19 @@
 # Embroider Changelog
 
+## v0.50.0 (2022-01-08)
+
+#### :rocket: Enhancement
+* `addon-shim`, `core`, `shared-internals`
+  * [#1069](https://github.com/embroider-build/embroider/pull/1069) Make addon-shim a non-ember-addon ([@ef4](https://github.com/ef4))
+
+#### :bug: Bug Fix
+* `compat`
+  * [#1068](https://github.com/embroider-build/embroider/pull/1068) Widen the node_modules exclude pattern when copying v2 addons ([@ef4](https://github.com/ef4))
+  * [#1064](https://github.com/embroider-build/embroider/pull/1064) Fix unsafe reuse of broccoli trees in OneShot ([@ef4](https://github.com/ef4))
+
+#### Committers: 1
+- Edward Faulkner ([@ef4](https://github.com/ef4))
+
 ## v0.49.0 (2021-12-21)
 
 #### :rocket: Enhancement
diff --git a/package.json b/package.json
index 8cfbaa188..567ed9567 100644
--- a/package.json
+++ b/package.json
@@ -90,5 +90,5 @@
     "node": "12.22.5",
     "yarn": "1.22.11"
   },
-  "version": "0.49.0"
+  "version": "0.50.0"
 }
diff --git a/packages/addon-dev/package.json b/packages/addon-dev/package.json
index e758404a8..96d630134 100644
--- a/packages/addon-dev/package.json
+++ b/packages/addon-dev/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/addon-dev",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "description": "Utilities for addon authors",
   "repository": {
     "type": "git",
@@ -23,7 +23,7 @@
     "src/**/*.js.map"
   ],
   "dependencies": {
-    "@embroider/shared-internals": "^0.49.0",
+    "@embroider/shared-internals": "^0.50.0",
     "@rollup/pluginutils": "^4.1.1",
     "fs-extra": "^10.0.0",
     "minimatch": "^3.0.4",
diff --git a/packages/addon-shim/package.json b/packages/addon-shim/package.json
index 6bead5e23..3ad8b55df 100644
--- a/packages/addon-shim/package.json
+++ b/packages/addon-shim/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/addon-shim",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "description": "Make v2 addons work in non-Embroider apps.",
   "keywords": [],
   "main": "./src/index.js",
@@ -19,7 +19,7 @@
     "prepare": "tsc"
   },
   "dependencies": {
-    "@embroider/shared-internals": "^0.49.0",
+    "@embroider/shared-internals": "^0.50.0",
     "semver": "^7.3.5"
   },
   "devDependencies": {
diff --git a/packages/babel-loader-8/package.json b/packages/babel-loader-8/package.json
index c9704c1fb..fa76433b4 100644
--- a/packages/babel-loader-8/package.json
+++ b/packages/babel-loader-8/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/babel-loader-8",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "repository": {
     "type": "git",
     "url": "https://github.com/embroider-build/embroider.git",
@@ -12,7 +12,7 @@
     "@babel/core": "^7.14.5",
     "@babel/plugin-proposal-nullish-coalescing-operator": "^7.14.5",
     "@babel/plugin-proposal-optional-chaining": "^7.14.5",
-    "@embroider/core": "0.49.0",
+    "@embroider/core": "0.50.0",
     "babel-loader": "8"
   },
   "engines": {
diff --git a/packages/compat/package.json b/packages/compat/package.json
index 62a352db2..0ebfaefbe 100644
--- a/packages/compat/package.json
+++ b/packages/compat/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/compat",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "private": false,
   "description": "Backward compatibility layer for the Embroider build system.",
   "repository": {
@@ -29,8 +29,8 @@
     "@babel/plugin-syntax-dynamic-import": "^7.8.3",
     "@babel/preset-env": "^7.14.5",
     "@babel/traverse": "^7.14.5",
-    "@embroider/macros": "0.49.0",
-    "@embroider/shared-internals": "0.49.0",
+    "@embroider/macros": "0.50.0",
+    "@embroider/shared-internals": "0.50.0",
     "@types/babel__code-frame": "^7.0.2",
     "@types/yargs": "^17.0.3",
     "assert-never": "^1.1.0",
@@ -85,7 +85,7 @@
     "typescript": "*"
   },
   "peerDependencies": {
-    "@embroider/core": "0.49.0"
+    "@embroider/core": "0.50.0"
   },
   "engines": {
     "node": "12.* || 14.* || >= 16"
diff --git a/packages/core/package.json b/packages/core/package.json
index 31b13635d..bad75a9f0 100644
--- a/packages/core/package.json
+++ b/packages/core/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/core",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "private": false,
   "description": "A build system for EmberJS applications.",
   "repository": {
@@ -37,8 +37,8 @@
     "@babel/plugin-transform-runtime": "^7.14.5",
     "@babel/runtime": "^7.14.5",
     "@babel/traverse": "^7.14.5",
-    "@embroider/macros": "0.49.0",
-    "@embroider/shared-internals": "0.49.0",
+    "@embroider/macros": "0.50.0",
+    "@embroider/shared-internals": "0.50.0",
     "assert-never": "^1.2.1",
     "babel-import-util": "^1.1.0",
     "babel-plugin-ember-template-compilation": "^1.0.0",
diff --git a/packages/hbs-loader/package.json b/packages/hbs-loader/package.json
index 09aecb516..991ace878 100644
--- a/packages/hbs-loader/package.json
+++ b/packages/hbs-loader/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/hbs-loader",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "private": false,
   "description": "Glimmer handlebars loader for webpack",
   "repository": {
@@ -25,7 +25,7 @@
     "typescript": "*"
   },
   "peerDependencies": {
-    "@embroider/core": "0.49.0",
+    "@embroider/core": "0.50.0",
     "webpack": "^5"
   },
   "engines": {
diff --git a/packages/macros/package.json b/packages/macros/package.json
index 404a6d0d7..05e4c9668 100644
--- a/packages/macros/package.json
+++ b/packages/macros/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/macros",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "private": false,
   "description": "Standardized build-time macros for ember apps.",
   "keywords": [
@@ -24,7 +24,7 @@
     "test": "jest"
   },
   "dependencies": {
-    "@embroider/shared-internals": "0.49.0",
+    "@embroider/shared-internals": "0.50.0",
     "assert-never": "^1.2.1",
     "ember-cli-babel": "^7.26.6",
     "find-up": "^5.0.0",
@@ -35,7 +35,7 @@
   "devDependencies": {
     "@babel/core": "^7.14.5",
     "@babel/traverse": "^7.14.5",
-    "@embroider/core": "0.49.0",
+    "@embroider/core": "0.50.0",
     "@embroider/test-support": "0.36.0",
     "@types/babel__core": "^7.1.14",
     "@types/babel__generator": "^7.6.2",
diff --git a/packages/router/package.json b/packages/router/package.json
index d6927ab8c..cd74d60d6 100644
--- a/packages/router/package.json
+++ b/packages/router/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/router",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "description": "Lazy loading router",
   "keywords": [
     "ember-addon"
@@ -32,7 +32,7 @@
   },
   "dependencies": {
     "@ember/test-waiters": "^3.0.0",
-    "@embroider/macros": "0.49.0",
+    "@embroider/macros": "0.50.0",
     "ember-cli-babel": "^7.26.6",
     "ember-cli-htmlbars": "^5.7.1"
   },
@@ -40,10 +40,10 @@
     "@ember/optional-features": "^2.0.0",
     "@ember/string": "^3.0.0",
     "@ember/test-helpers": "^2.4.2",
-    "@embroider/compat": "0.49.0",
-    "@embroider/core": "0.49.0",
+    "@embroider/compat": "0.50.0",
+    "@embroider/core": "0.50.0",
     "@embroider/test-support": "0.36.0",
-    "@embroider/webpack": "0.49.0",
+    "@embroider/webpack": "0.50.0",
     "@glimmer/component": "^1.0.4",
     "@glimmer/tracking": "^1.0.4",
     "@types/ember__routing": "^3.16.9",
@@ -81,7 +81,7 @@
     "webpack": "^5"
   },
   "peerDependencies": {
-    "@embroider/core": "0.49.0",
+    "@embroider/core": "0.50.0",
     "@types/ember__routing": "*"
   },
   "peerDependenciesMeta": {
diff --git a/packages/shared-internals/package.json b/packages/shared-internals/package.json
index 413a3c023..1115cacb8 100644
--- a/packages/shared-internals/package.json
+++ b/packages/shared-internals/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/shared-internals",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "private": false,
   "description": "Utilities shared among the other embroider packages",
   "repository": {
diff --git a/packages/test-setup/package.json b/packages/test-setup/package.json
index 51336b572..34a46cfe0 100644
--- a/packages/test-setup/package.json
+++ b/packages/test-setup/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/test-setup",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "repository": {
     "type": "git",
     "url": "https://github.com/embroider-build/embroider.git",
@@ -16,7 +16,7 @@
     "resolve": "^1.20.0"
   },
   "devDependencies": {
-    "@embroider/compat": "0.49.0"
+    "@embroider/compat": "0.50.0"
   },
   "engines": {
     "node": "12.* || 14.* || >= 16"
diff --git a/packages/util/package.json b/packages/util/package.json
index a7f459461..b1b451618 100644
--- a/packages/util/package.json
+++ b/packages/util/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/util",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "description": "Utilities for app and addon authors.",
   "keywords": [
     "ember-addon"
@@ -28,7 +28,7 @@
     "test:ember-compatibility": "ember try:each"
   },
   "dependencies": {
-    "@embroider/macros": "0.49.0",
+    "@embroider/macros": "0.50.0",
     "broccoli-funnel": "^3.0.5",
     "ember-cli-babel": "^7.23.1"
   },
@@ -39,11 +39,11 @@
     "@ember/jquery": "^2.0.0",
     "@ember/optional-features": "^2.0.0",
     "@ember/test-helpers": "^2.4.2",
-    "@embroider/compat": "0.49.0",
-    "@embroider/core": "0.49.0",
-    "@embroider/test-setup": "0.49.0",
+    "@embroider/compat": "0.50.0",
+    "@embroider/core": "0.50.0",
+    "@embroider/test-setup": "0.50.0",
     "@embroider/test-support": "0.36.0",
-    "@embroider/webpack": "0.49.0",
+    "@embroider/webpack": "0.50.0",
     "@glimmer/component": "^1.0.3",
     "@glimmer/tracking": "^1.0.3",
     "@typescript-eslint/eslint-plugin": "^4.1.1",
diff --git a/packages/webpack/package.json b/packages/webpack/package.json
index 6f5d291e9..5f8247f96 100644
--- a/packages/webpack/package.json
+++ b/packages/webpack/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/webpack",
-  "version": "0.49.0",
+  "version": "0.50.0",
   "private": false,
   "description": "Builds EmberJS apps with Webpack",
   "repository": {
@@ -23,9 +23,9 @@
     "@babel/core": "^7.14.5",
     "@babel/plugin-proposal-nullish-coalescing-operator": "^7.14.5",
     "@babel/plugin-proposal-optional-chaining": "^7.14.5",
-    "@embroider/babel-loader-8": "0.49.0",
-    "@embroider/hbs-loader": "0.49.0",
-    "@embroider/shared-internals": "0.49.0",
+    "@embroider/babel-loader-8": "0.50.0",
+    "@embroider/hbs-loader": "0.50.0",
+    "@embroider/shared-internals": "0.50.0",
     "@types/source-map": "^0.5.7",
     "@types/supports-color": "^8.1.0",
     "babel-loader": "^8.2.2",
@@ -54,7 +54,7 @@
     "webpack": "^5.38.1"
   },
   "peerDependencies": {
-    "@embroider/core": "0.49.0",
+    "@embroider/core": "0.50.0",
     "webpack": "^5.0.0"
   },
   "engines": {
diff --git a/tests/addon-template/package.json b/tests/addon-template/package.json
index b699f34d8..6eb566e4f 100644
--- a/tests/addon-template/package.json
+++ b/tests/addon-template/package.json
@@ -32,7 +32,7 @@
   "devDependencies": {
     "@ember/optional-features": "^2.0.0",
     "@ember/test-helpers": "^2.4.2",
-    "@embroider/test-setup": "^0.49.0",
+    "@embroider/test-setup": "^0.50.0",
     "@glimmer/component": "^1.0.4",
     "@glimmer/tracking": "^1.0.4",
     "babel-eslint": "^10.1.0",
diff --git a/tests/app-template/package.json b/tests/app-template/package.json
index 68757bfef..94a049a14 100644
--- a/tests/app-template/package.json
+++ b/tests/app-template/package.json
@@ -26,10 +26,10 @@
   "devDependencies": {
     "@ember/optional-features": "^2.0.0",
     "@ember/test-helpers": "^2.4.2",
-    "@embroider/compat": "0.49.0",
-    "@embroider/core": "0.49.0",
-    "@embroider/router": "0.49.0",
-    "@embroider/webpack": "0.49.0",
+    "@embroider/compat": "0.50.0",
+    "@embroider/core": "0.50.0",
+    "@embroider/router": "0.50.0",
+    "@embroider/webpack": "0.50.0",
     "@glimmer/component": "^1.0.4",
     "@glimmer/tracking": "^1.0.4",
     "babel-eslint": "^10.1.0",
diff --git a/tests/scenarios/package.json b/tests/scenarios/package.json
index 3f78d1c63..d384f9031 100644
--- a/tests/scenarios/package.json
+++ b/tests/scenarios/package.json
@@ -2,7 +2,7 @@
   "name": "@embroider/test-scenarios",
   "version": "0.0.0",
   "dependencies": {
-    "@embroider/shared-internals": "0.49.0",
+    "@embroider/shared-internals": "0.50.0",
     "@types/qunit": "^2.11.1",
     "fastboot": "^3.1.0",
     "fs-extra": "^10.0.0",
@@ -22,8 +22,8 @@
   "license": "MIT",
   "devDependencies": {
     "@ember/string": "^1.0.0",
-    "@embroider/macros": "0.49.0",
-    "@embroider/addon-shim": "0.49.0",
+    "@embroider/macros": "0.50.0",
+    "@embroider/addon-shim": "0.50.0",
     "bootstrap": "^4.3.1",
     "broccoli-funnel": "^3.0.5",
     "broccoli-merge-trees": "^3.0.2",