diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index bda54186ba6b8a0da1b13ea53c47475d5ab5bdd7..8f895f9c0768647aa0368870fe1faccccc338c57 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -16,6 +16,41 @@ Please See the [releases tab](https://github.com/openedx/xblock-lti-consumer/rel
 Unreleased
 ~~~~~~~~~~
 
+7.2.0 - 2022-12-15
+------------------
+
+This release addresses a number of issues with and bugs in sharing personally identifiable information (PII) in LTI
+launches.
+
+* Replaces the PII sharing consent modal with an inline PII sharing consent dialog to better suit the three different
+  LTI launch types (i.e. ``inline``, ``modal``, and ``new_window``).
+* Adds a PII consent dialog for ``inline`` LTI launches.
+* Fixes a bug in the ``modal`` LTI launch in LTI 1.3 that was preventing the LTI launch.
+* Fixes a bug in evaluating and caching whether PII sharing is enabled via the ``CourseAllowPIISharingInLTIFlag``.
+
+  * This fixes a bug where the PII sharing fields in the LTI XBlock edit menu appeared regardless of the existence or
+    value of this flag. The PII sharing fields will now always be hidden if either no ``CourseAllowPIISharingInLTIFlag``
+    exists for a course or if a ``CourseAllowPIISharingInLTIFlag`` exists for the course but is not enabled.
+  * This fixes a bug in the backwards compatibility code in ``lti_access_to_learners_editable``. Now,
+    ``CourseAllowPIISharingInLTIFlag`` will always be created for courses that contain (an) LTI XBlock(s) that have (a)
+    PII sharing field(s) set to True when a user opens the LTI XBlock edit menu. Before, this would occur inconsistently
+    due to a bug in the caching code.
+
+* Enables sharing username and email in LTI 1.3 launches.
+
+  * Adds ``preferred_username`` and ``email`` attributes to the ``Lti1p3LaunchData`` class. The application or context
+    that instantiates ``Lti1p3LaunchData`` is responsible for ensuring that username and email can be sent via an LTI
+    1.3 launch and supplying these data, if appropriate.
+
+* Adds code to eventually support the value of ``CourseAllowPIISharingInLTIFlag`` controlling PII sharing for a given
+  course in LTI 1.1 and LTI 1.3 launches.
+
+  * This code does not currently work, because the LTI configuration service is not available or defined in all runtime
+    contexts. This code works in the LTI XBlock edit menu (i.e. the ``studio_view``), but it does not work in the Studio
+    preview context (i.e. the ``author_view``) or the LMS (i.e. the ``student_view``). The effect is that
+    the ``CourseAllowPIISharingInLTIFlag`` can only control the appearance of the username and email PII sharing fields
+    in the XBlock edit menu; it does not control PII sharing. We plan to fix this bug in the future.
+
 7.1.0 - 2022-12-09
 ------------------
 * Add support for platform setting `LTI_NRPS_DISALLOW_PII` to prevent sharing of pii over the names and roles
diff --git a/lti_consumer/__init__.py b/lti_consumer/__init__.py
index 564229846033e0656995329bc63a9570828be7e2..a2af6c5c15c6008438a52ac0fb5cb27ff166dc6e 100644
--- a/lti_consumer/__init__.py
+++ b/lti_consumer/__init__.py
@@ -4,4 +4,4 @@ Runtime will load the XBlock class from here.
 from .apps import LTIConsumerApp
 from .lti_xblock import LtiConsumerXBlock
 
-__version__ = '7.1.0'
+__version__ = '7.2.0'
diff --git a/lti_consumer/tests/unit/test_lti_xblock.py b/lti_consumer/tests/unit/test_lti_xblock.py
index eb4a8c7198f2dbe050823754de80312d8825ab14..bfc9175abb0beeedb4938e63b5e253f836097c19 100644
--- a/lti_consumer/tests/unit/test_lti_xblock.py
+++ b/lti_consumer/tests/unit/test_lti_xblock.py
@@ -1596,7 +1596,7 @@ class TestLtiConsumer1p3XBlock(TestCase):
 
     @ddt.idata(product([True, False], [True, False], [True, False]))
     @ddt.unpack
-    def test_get_lti_1p3_launch_data(self, pii_sharing_enabled, send_username, send_email):
+    def test_get_lti_1p3_launch_data(self, pii_sharing_enabled, ask_to_send_username, ask_to_send_email):
         """
         Test that get_lti_1p3_launch_data returns an instance of Lti1p3LaunchData with the correct data.
         """
@@ -1611,8 +1611,11 @@ class TestLtiConsumer1p3XBlock(TestCase):
             'edx-platform.is_authenticated': True,
             'edx-platform.username': fake_username,
         }
+
         self.xblock.runtime.service(self, 'user').get_current_user = Mock(return_value=fake_user)
         self.xblock.runtime.service(self, 'user').get_external_user_id = Mock(return_value="external_user_id")
+        self.xblock.ask_to_send_username = ask_to_send_username
+        self.xblock.ask_to_send_email = ask_to_send_email
 
         # Mock out get_context_title to avoid calling into the compatability layer.
         self.xblock.get_context_title = Mock(return_value="context_title")
@@ -1639,24 +1642,14 @@ class TestLtiConsumer1p3XBlock(TestCase):
         }
 
         if pii_sharing_enabled:
-            if send_username:
+            if ask_to_send_username:
                 expected_launch_data_kwargs["preferred_username"] = fake_username
 
-            if send_email:
+            if ask_to_send_email:
                 expected_launch_data_kwargs["email"] = fake_user_email
 
         expected_launch_data = Lti1p3LaunchData(
-            user_id=1,
-            user_role="instructor",
-            config_id=config_id_for_block(self.xblock),
-            resource_link_id=str(self.xblock.scope_ids.usage_id),
-            external_user_id="external_user_id",
-            launch_presentation_document_target="iframe",
-            message_type="LtiResourceLinkRequest",
-            context_id=course_key,
-            context_type=["course_offering"],
-            context_title="context_title",
-            context_label=course_key,
+            **expected_launch_data_kwargs
         )
 
         self.assertEqual(