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1
Pre-heat oven to 250 deg.
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2
Place butter in a medium pot, on medium heat.
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3
While the butter's melting, pop the corn and put it in a large roasting pan. I used a disposable aluminum pan and a hot air popper (you won't need to butter the pan).
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4
Keep an eye on the butter and add the sugar, molasses, and salt to it as soon as its melted.
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5
Bring the candy to a boil and stir and cook it only till the sugar melts and the butter blends in entirely - just a couple minutes.
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6
Turn off the heat and stir the vanilla and peanuts into the candy.
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7
Quickly add the baking soda and stir untill it's well mixed. It foams to make a lighter, more delicate candy.
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8
Pour the candy over the popcorn and toss untill it's evenly coated.
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9
Put the popcorn in the oven for 1 hour, tossing every 15 or 20 minutes.
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10
Let it cool completely before breaking up and putting into an airtight container.
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11
I developed this recipe by hacking others because I couldn't find another to suit me. I made this for Christmas treats and it was INHALED, you'll find it tastes like Cracker Jack; that candy is made with molasses, not corn syrup, I got a box yersterday to compare.
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12
You can easily double this, but double the baking time too.