We make these about every year for the holidays:

Honey Peanut Butter Popcorn Balls

1 C Sugar
1 C Honey
1 C Peanut Butter
3 quarts of popped corn

Lightly butter 2 (15"x10") jellyroll pans and evenly spread out the popcorn.
set aside.

Heat honey and sugar in in a sauce pan until boiling.
Remove from heat and thoroughly stir in peanut butter.
Drizzle the hot mixture evenly over the 2 pans of popcorn.

Allow to cool for several minutes.
While still warm, form into balls with your hands.

CAUTION: boiling sugar mixture is hot!

We make small (golf ball size) balls and wrap these in colored cellophane tied with ribbon.

We use "real" peanut butter. You may need to butter your hands to keep from sticking.

I think that I originally got the recipe from "Gleanings in Bee Culture" in the 1970s.