diff --git a/CHANGES.md b/CHANGES.md
index e0b86c7d2..e4578df2c 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,5 +1,12 @@
 # Release Notes
 
+## 2.1.146
+
+This release brings a fix by new contributor @yjabri for the `__pex__`
+import hook that gets it working properly for `--venv` mode PEXes.
+
+* Fix non executable venv sys path bug (#2236)
+
 ## 2.1.145
 
 This release broadens the range of the `flit-core` build system Pex uses
diff --git a/pex/version.py b/pex/version.py
index 1fff73a2e..79b99d81d 100644
--- a/pex/version.py
+++ b/pex/version.py
@@ -1,4 +1,4 @@
 # Copyright 2015 Pants project contributors (see CONTRIBUTORS.md).
 # Licensed under the Apache License, Version 2.0 (see LICENSE).
 
-__version__ = "2.1.145"
+__version__ = "2.1.146"