Spray a 9 X 13 inch baking pan with cooking spray.

Combine the cereal squares and gum drops in a large bowl.

Combine the vanilla morsels, butter, and honey in a large saucepan.

Cook, stirring over low heat until melted and smooth.

Add the marshmallows and stir until melted.

Pour the marshmallow mixture over the cereal mixture in the bowl.

Fold gently to mix.

Turn into the prepared pan.

Spray a rubber spatula with cooking spray and use it to spread the mixture evenly in the pan.

Let stand for 20 minutes and cut into bars.