Ingredients

12 cups popped popcorn (from 1/2 cup kernels) 

1 stick plus 2 tablespoons unsalted butter 

1 1/4 cups sugar 

1/3 cup light corn syrup 

1 teaspoon cinnamon 

3/4 teaspoon red food coloring 

1 1/2 teaspoons coarse salt, divided 

Preparation

Preheat oven to 250 degrees. Place popcorn in a large bowl. Melt butter in a medium heavy-bottomed saucepan over medium heat. Stir in sugar, corn syrup, cinnamon, food coloring, and 1/2 teaspoon salt; cook, stirring occasionally, until sugar dissolves. Raise heat; bring to a boil (do not stir). Cook until syrup reaches 245 degrees to 250 degrees (firm-ball stage) on a candy thermometer, 2 to 4 minutes. Add caramel to popcorn; stir to coat.

Spread mixture on a rimmed baking sheet, and bake until crisp, about 45 minutes, stirring twice. Remove from oven, and immediately sprinkle with remaining salt. Let cool, then break into clusters.