In a large bowl, mix together the pretzels and the cereal. Add the M&Ms and marshmallows and stir to combine
Spread the mixture evenly on a baking sheet lined with aluminum foil or parchment paper.
Cut the licorice candy into 1 inch pieces and spread on top of cereal mixture.
In three separate bowls, melt the colored candy melts or chocolates. You can do this in the microwave at 30 second intervals, or in a double boiler on the stove top.
Stir to smooth. Transfer to squeeze bottles, plastic bags, or use a spoon to drizzle the three colors over the cereal mixture.
Add the sprinkles while the melted chocolate is still wet.
Let set 15-20 minutes or until the candy coating is set. Do not put in the refrigerator to set or it will make the snack mix soggy.
Break into bite sizes or pieces and store in an air tight container until ready to enjoy.
Notes
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