Instead of using the small candy canes I bought a giant candy cane for .79. I used 1/3 cup and have about 1/4 cup leftover. I also used white chocolate bark in place of the white chocolate chips, only because that's what I had on hand.
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Step 1: Just 3 ingredients!
6 cups Rice Chex® or Chocolate Chex® cereal
1 bag (12 oz) white vanilla baking chips (2 cups)
1/3 cup coarsely crushed peppermint candy canes (14 miniature, unwrapped)
I used a small food chopper to crush my peppermint candy. You can put it in a ziplock and use a mallet, but be sure to crush it up quite a bit!