Line a large baking sheet (18 x 13 or similar) with parchment paper, then set nearby.

Place popped popcorn in a large mixing bowl, then add M&M’s and pretzels on top.

In a medium bowl, heat vanilla candy melts per package instructions until smooth.

Pour melted vanilla candy over the popcorn mixture, then use a spatula to quickly (but gently!) toss and stir until the candy melts have coated all of the ingredients. Be careful not to stir too long; you don’t want the candy to harden yet.

Transfer coated popcorn mixture to the prepared baking sheet and spread out into an even layer.

While candy melts are still wet, sprinkle with festive sprinkles as desired.

If you’d like to add more color, heat some colorful candy melts and drizzle them on top of the bunny bait.

Let bunny bait dry completely (about 1 hour), then use your hands to gently break it apart into snack-sized pieces.

Bunny bait can be stored at room temperature in sealed bags or a container for up to 5 days.