Spread popcorn out on two cookie sheets and then spray lightly with pink food spray. Turn the popcorn over and spray again to coat the other side. Allow popcorn to dry as you prep the candy melts.
Place each color of candy melts in a small microwave-safe bowl. Heat for 25 seconds, stir, and reheat as needed. Add in 1/2 teaspoon or more of coconut oil to make the candy melts more liquidy and easy to drizzle.
Drizzle half over the popcorn, add sprinkles, let dry. Reheat the candy melts and toss the popcorn to coat the other side with the second drizzle.
Let dry completely before serving or packaging.
Notes
Pop your popcorn in an air popper or use plain bagged popcorn for ease. Just make sure the popcorn is plain rather than buttered.