Use red and green M&Ms for a great Christmas snack!

¼ cup butter or margarine
8 oz. mini marshmallows
¼ cup vegetable oil
½ tsp. vanilla
¼ tsp. salt
3 quarts popped white popcorn
8 oz. M & M’s
8 oz. dry roasted peanuts

Combine butter, marshmallows, and oil; microwave; stir until smooth.  Add vanilla and salt.  Combine remaining ingredients in large bowl; pour marshmallow mixture over popcorn and stir until combines.  Press into a 13 in. x 9 in. pan.  Let set for 2 hours.