Forgot where this came from.
Combine 1 pkg (12oz) M&M Milk Chocolate Candies, 1 pkg (11oz) Butterscotch Morsels, and 1/2 cup Creamy Peanut Butter in Microwave safe bowl. Heat on Hi for 1 minute. Stir. Microwave and stir at 30 second intervals until butterscotch & peanut butter are melted.
Stir in 2 cans (12oz) cocktail peanuts. Drop by heaping tablespoons onto wax paper on cookie sheet. Refrigerate 2 hr. Makes about 64 pieces.
The seasonal colors of M&M's can have you making this candy to fit several holidays.