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Preheat oven to 325°.
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In a small saucepan over medium-low heat all ingredients, except salt, until smooth, about 8 minutes.
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Toss 3/4 cup of the syrup over popcorn, spread over a sheet pan lined with parchment pepper and season with salt. Bake stirring occasionally, until crisp, about 20 minutes.
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If you want to make a smaller batch of popcorn, you can toss just enough syrup to cover popcorn and instead of using the oven, use a large skillet.
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The remaining syrup can be stored in an airtight container in the fridge.