Turns out you can run in and turn in the Kraken Tooth.
Then befor you turn in the "Get Kraken" quest take the Griffon ride agin kill the Kraken a second time and have a tooth to use to get the quest the next day. Even if the Get Kraken is not the daily the next day.

So each time I did the "Get Kraken" quest I was missing out on 130G.