diff --git a/.changes/unreleased/Dependencies-20230810-112931.yaml b/.changes/unreleased/Dependencies-20230810-112931.yaml
new file mode 100644
index 000000000..4a71b1047
--- /dev/null
+++ b/.changes/unreleased/Dependencies-20230810-112931.yaml
@@ -0,0 +1,6 @@
+kind: Dependencies
+body: Relax version pins for MetricFlow dependencies
+time: 2023-08-10T11:29:31.987305-07:00
+custom:
+  Author: tlento
+  PR: "720"
diff --git a/metricflow/model/parsing/__init__.py b/metricflow/model/parsing/__init__.py
deleted file mode 100644
index e69de29bb..000000000
diff --git a/metricflow/model/parsing/schemas_internal.py b/metricflow/model/parsing/schemas_internal.py
deleted file mode 100644
index b6cdf6452..000000000
--- a/metricflow/model/parsing/schemas_internal.py
+++ /dev/null
@@ -1,111 +0,0 @@
-from __future__ import annotations
-
-from typing import Any, Dict
-
-from dbt_semantic_interfaces.parsing.schema_validator import SchemaValidator
-from dbt_semantic_interfaces.parsing.schemas import (
-    aggregation_type_params_schema,
-    dimension_schema,
-    dimension_type_params_schema,
-    entity_schema,
-    measure_schema,
-    metric_input_measure_schema,
-    metric_input_schema,
-    metric_schema,
-    metric_type_params_schema,
-    node_relation_schema,
-    non_additive_dimension_schema,
-    semantic_model_schema,
-    validity_params_schema,
-)
-from jsonschema import RefResolver
-
-
-def add_transform_metadata_fields_to_spec(spec: Dict[str, Any]) -> None:  # type: ignore[misc]
-    """Adds transform metadata fields a spec."""
-    properties = spec["properties"]
-    transform_metadata_fields = {
-        "description": {"type": "string"},
-        "owners": {
-            "type": "array",
-            "items": {"type": "string"},
-        },
-        "display_name": {"type": "string"},
-        "tier": {"type": ["string", "integer"]},
-    }
-
-    for k, v in transform_metadata_fields.items():
-        if k in properties:
-            raise RuntimeError(f"Spec with id: {spec['$id']} contains transform metadata field: {k}")
-
-        properties[k] = v
-
-
-def add_locked_metadata_to_spec(spec: Dict[str, Any]) -> None:  # type: ignore[misc]
-    """Adds locked metadata field to a spec."""
-    properties = spec["properties"]
-    transform_metadata_fields = {
-        "locked_metadata": {"$ref": "locked_metadata"},
-    }
-
-    for k, v in transform_metadata_fields.items():
-        if k in properties:
-            raise RuntimeError(f"Spec with id: {spec['$id']} contains transform metadata field: {k}")
-
-        properties[k] = v
-
-
-# Sub-object schemas
-locked_metadata_schema = {
-    "$id": "locked_metadata",
-    "type": "object",
-    "properties": {
-        "value_format": {"type": "string"},
-        "description": {"type": "string"},
-        "display_name": {"type": "string"},
-        "tier": {"type": ["string", "integer"]},
-        "increase_is_good": {"type": "boolean"},
-        "tags": {
-            "type": "array",
-            "items": {"type": "string"},
-        },
-        "private": {"type": "boolean"},
-        "unit": {"type": "string"},
-    },
-    "additionalProperties": False,
-}
-
-
-# Add transform metadata fields to top level objects (metric, semantic model, derived entity)
-add_transform_metadata_fields_to_spec(dimension_schema)
-add_transform_metadata_fields_to_spec(measure_schema)
-add_transform_metadata_fields_to_spec(entity_schema)
-
-add_transform_metadata_fields_to_spec(metric_schema)
-add_locked_metadata_to_spec(metric_schema)
-
-add_transform_metadata_fields_to_spec(semantic_model_schema)
-
-
-schema_store = {
-    # Top level schemas
-    metric_schema["$id"]: metric_schema,
-    semantic_model_schema["$id"]: semantic_model_schema,
-    # Sub-object schemas
-    metric_input_measure_schema["$id"]: metric_input_measure_schema,
-    metric_type_params_schema["$id"]: metric_type_params_schema,
-    locked_metadata_schema["$id"]: locked_metadata_schema,
-    entity_schema["$id"]: entity_schema,
-    measure_schema["$id"]: measure_schema,
-    dimension_schema["$id"]: dimension_schema,
-    validity_params_schema["$id"]: validity_params_schema,
-    dimension_type_params_schema["$id"]: dimension_type_params_schema,
-    aggregation_type_params_schema["$id"]: aggregation_type_params_schema,
-    non_additive_dimension_schema["$id"]: non_additive_dimension_schema,
-    metric_input_schema["$id"]: metric_input_schema,
-    node_relation_schema["$id"]: node_relation_schema,
-}
-
-resolver = RefResolver.from_schema(schema=metric_schema, store=schema_store)
-semantic_model_validator = SchemaValidator(semantic_model_schema, resolver=resolver)
-metric_validator = SchemaValidator(metric_schema, resolver=resolver)
diff --git a/pyproject.toml b/pyproject.toml
index d7bea5715..c11e6a967 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -26,20 +26,19 @@ classifiers = [
 ]
 dependencies = [
   "Jinja2>=2.11.3",
-  "MarkupSafe==2.0.1",
+  "MarkupSafe==2.0.1", # pandas implicitly requires this version
   "PyYAML~=6.0",
   "click>=7.1.2, <8.1.4",
   "dbt-core~=1.6.0",
   "dbt-semantic-interfaces~=0.2.0",
-  "graphviz==0.18.2",
+  "graphviz>=0.18.2, <0.21",
   "halo~=0.0.31",
-  "jsonschema==3.2.0",
-  "more-itertools==8.10.0",
+  "more-itertools>=8.10.0, <10.2.0",
   "numpy>=1.22.2",
   "pandas~=1.5.0",
   "pydantic~=1.10.0",
-  "python-dateutil==2.8.2",
-  "rapidfuzz==3.0.0",
+  "python-dateutil~=2.8.2",
+  "rapidfuzz~=3.0",
   "ruamel.yaml~=0.17.21",
   "rudder-sdk-python~=1.0.3",
   "tabulate~=0.8.9",
@@ -62,7 +61,6 @@ dev-packages = [
   "pytest-xdist~=3.2.1",
   "pytest~=7.1.1",
   "types-PyYAML",
-  "types-jsonschema",
   "types-python-dateutil",
   "types-tabulate",
 ]