Cheech And Chong also lip sync to the recording (with Chong behind the drum kit) in their first movie Up in Smoke (1978). The song has been featured repeatedly on the Dr. Demento radio show, and is included on the Dr. Demento 20th Anniversary Collection. According to Tommy Chong's autobiography, the famous guitar riff is played by Gaye Delorme, who also composed the music for the song. Additionally, Chong states that drums on the song are played by famed international percussionist Airto Moreira.

The song was also released as a single in 1974, and reached #9 on the Billboard charts and #4 in Canada. In Chicago, it topped the charts at the powerful and influential Top 40 radio station WLS (AM), holding the #1 position for one week in September 1974, in the middle of an eleven-week run on the station's top 40 airplay charts. The song also reached the top spot for one week on the West Coast's biggest Top 40 radio station, Los Angeles' KHJ-AM. The B-side, "Turn That Thing Down" features the remainder of the musical track, from the point of Marin's monologue about his wealth, without the actual dialogue, complete to its conclusion. It is possible to assemble the full-length version of the song by editing the two sections together. The version featured on Cheech & Chong's Greatest Hit fades out before reaching the skit as it appears on the single and the Wedding Album LP.

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