My kids love popcorn, so we made a Christmas Caramel Popcorn. We made enough to give some with gifts, so we made 3 batches and left one caramel colored, colored one batch red and the last batch green.
12 cups popped popcorn (about 1/2 cup unpopped)
1/2 cup butter
1 cup brown sugar
1/4 cup corn syrup
1/2 tsp. baking soda
1 tsp. vanilla
Bring butter, brown sugar and corn syrup to a boil, stirring often to until it reaches a boil. Stop stirring and boil over medium heat 5 minutes.
Remove from heat and add baking soda and vanilla. Stir. Add food coloring if desired. Pour over popcorn and mix until all the popcorn is coated.
Bake for 30 minutes at 250, stirring every 10 minutes. Break apart after removing from oven.