diff --git a/devel/R-cran-glmnet/Makefile b/devel/R-cran-glmnet/Makefile
index d9f12f04b91c..f167d6f9b2c2 100644
--- a/devel/R-cran-glmnet/Makefile
+++ b/devel/R-cran-glmnet/Makefile
@@ -1,15 +1,21 @@
 PORTNAME=	glmnet
-DISTVERSION=	1.8-5
-PORTREVISION=	12
+DISTVERSION=	5.0
 CATEGORIES=	devel
 DISTNAME=	${PORTNAME}_${DISTVERSION}
 
 MAINTAINER=	skreuzer@FreeBSD.org
 COMMENT=	Lasso and elastic-net regularized generalized linear models
 WWW=		https://cran.r-project.org/web/packages/glmnet/
 
 LICENSE=	GPLv2
 
+CRAN_DEPENDS=	R-cran-foreach>=0:devel/R-cran-foreach \
+		R-cran-shape>=0:devel/R-cran-shape \
+		R-cran-Rcpp>=0:devel/R-cran-Rcpp \
+		R-cran-RcppEigen>=0:math/R-cran-RcppEigen
+BUILD_DEPENDS=	${CRAN_DEPENDS}
+RUN_DEPENDS=	${CRAN_DEPENDS}
+
 USES=		cran:auto-plist,compiles
 
 .include <bsd.port.mk>
diff --git a/devel/R-cran-glmnet/distinfo b/devel/R-cran-glmnet/distinfo
index 38d4d895ccff..055d3b3d11c4 100644
--- a/devel/R-cran-glmnet/distinfo
+++ b/devel/R-cran-glmnet/distinfo
@@ -1,2 +1,3 @@
-SHA256 (glmnet_1.8-5.tar.gz) = 135e3f256c15555c1f94874d69a28e68bff9a81adf7434019f50fc65e08db546
-SIZE (glmnet_1.8-5.tar.gz) = 519220
+TIMESTAMP = 1788747661
+SHA256 (glmnet_5.0.tar.gz) = f0b23da6383a45d502cd138b64da6300422d9b8d7b2c4f14627d412cde79d2a0
+SIZE (glmnet_5.0.tar.gz) = 2847745