Elements from this story were adapted into a mini-comic titled 'Dragon's Gift', written by Michael Halperin and illustrated by Alfredo Alcala, that came with several Masters of the Universe action figures. In the comic version, Granamyr was colored green instead of the red version seen in the Filmation cartoon. When Mattycollector announced a toy version in 2012, fans were able to vote which color the dragon would be released in. The red version was chosen, but a green version was also eventually released as a 2016 Power-Con exclusive figure.
"The Dragon's Gift" was the first script Larry DiTillio sold to Filmation, which led to him being appointed staff writer on He-Man and the Masters of the Universe.
The comical sequence in which Cringer tries to hide around a corner during the transformation sequence was reused by writer Larry DiTillio in The Huntsman (1983).
When Granamyr first appears, he was scripted to say 'Who dares call my name'. Although the line was deleted, the great dragon can still be seen mouthing the words.
Writer Larry DiTillio originally created Granamyr and the Ice Trolls for a 'Tunnels & Trolls' role playing game for Flying Buffalo Inc. called 'The Isle of Darksmoke'.