Pop popcorn.

Place in a large bowl, removing any unpopped kernels.

Toss in the broken pretzel pieces, M&Ms and dried cherries.

Melt white chocolate chips in a microwave safe bowl in 30 second intervals, stirring after each interval until melted and smooth.

Drizzle half the melted chips over popcorn mixture, then stir, tossing gently a few times with a rubber spatula.

Then drizzle remaining half of the melted chips over popcorn, and gently stir until evenly coated.

Pour mixture into a single layer onto a sheet of wax paper.

Sprinkle entire mixture evenly with sprinkles (as many as you'd like) before the chips set.

Allow to cool and harden, then gently break into pieces and store in an airtight container.