Add honey and butter to a small, microwave-safe bowl and microwave for approximately 30 seconds, or until the butter is melted. Stir in the vanilla and lemon extracts, salt, and the cinnamon. Set aside.
Place the popped popcorn in a large mixing bowl. Pour the honey-butter mixture over the top and gently stir to coat. Stir in the finely chopped walnuts.
Spread popcorn out evenly on silicone lined baking sheet. Bake for 5 minutes, stir the popcorn, and continue baking for an additional 3 to 5 minutes until golden brown and fragrant.
Cool completely. Break into bite-sized pieces before serving.
Notes
Looking for a vegan option? Substitute maple syrup or agave nectar for the honey, and vegan butter.
Baking the popcorn helps the syrup set, making it crunchy rather than sticky. If you prefer a softer, chewier texture, you can skip this step, but for a more authentic “candied” feel, baking is highly recommended.
Baklava popcorn can be made ahead and stored in an airtight container at room temperature for up to 3-5 days. Just make sure it’s completely cooled and crisp before storing.