Pre heat oven 300 Remove all un-popped kernels from popped corn.
Place popcorn in greased 17x12x2-inch baking pan. Keep popcorn warm in a 300 oven while making caramel mixture. Butter the sides of a heavy 1 1/2 quart saucepan. in Saucepan combine brown sugar,margarine or butter,and corn syrup. Cook and stir over medium heat to boiling.
Clip candy thermometer to side of pan. Cook and stir medium heat to 255 hard-ball stage(about 4 min.) Remove saucepan from heat. Stir in baking soda and vanilla; pour over popcorn. Stir gently to coat.
Bake in a 300 oven for 15 minutes; stir. Bake 5 minutes more. Transfer popcorn mixture to large pieces of foil; cool completely. Break into clusters. Store tightly covered. Makes about 9 cups.
For an extra bonus you may want to add your favorite kind of peanut.
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