This is a sweet and crunchy treat. I first tasted something like this at a festival. I find that the crunchiness and the sweetness are very addicting.
Line two baking sheets with waxed paper.
In a large pot or Dutch oven, combine butter, water and sugar. Bring to a boil. Boil 4 minutes; remove from heat. Introduce popcorn and stir to coat evenly. Pour onto prepared baking sheets and let cool before serving.
Per Serving: 102 calories; protein 0.3g; carbohydrates 18.9g; fat 3.1g; cholesterol 5.1mg; sodium 43.6mg.