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Pop the popcorn and then place it into a large bowl, removing any leftover kernels.
Separate the white chocolate chips into two parts: ½ cup and ¾ cup.
Microwave the ¾ cup of white chocolate chips first, 30 seconds at a time, stirring in between until melted and smooth. (Time will vary depending on microwave and chocolate).
Once the ¾ cup of white chocolate chips are melted, drop in enough red food coloring to turn the chocolate pink. We recommend adding a little at a time and stirring in between to reach the optimal color.
Using a spoon, drizzle the pink chocolate on top of the popcorn in the bowl in intervals, tossing to coat in between.
Microwave the remaining ½ cup white chocolate chips, 30 seconds at a time, stirring in between until melted and smooth.
Once melted, using a spoon, drizzle the white chocolate on top of the popcorn.
Top with sprinkles and festive conversation hearts or chocolate candies.
Allow to cool before serving!