Combine first 4 ingredients in deep bowl. Cook, uncovered on high about 1 to 2 minutes until butter melts. Stir and cook on high about 3 more minutes until dark brown in color
Stir in vanilla and baking soda
Have popcorn and peanuts in extra large bowl. Pour caramel mixture over top. Toss unil thoroughly coated. Spread on large trays to dry. Enjoy Caramel Popcorn (Microwave)!
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