Preheat your oven to 250 degrees F and spray a large roasting pan with nonstick cooking spray.
Using an air popper or the stovetop method, pop the corn. For the stovetop method, heat the oil in a stock pot over medium heat. Add in the popcorn kernels, cover the pot with a lid and cook, shaking the pot constantly, until the popping slows.
Transfer the popcorn into a large bowl or roasting pan and toss in the almonds and cereal. Set aside.
Combine the honey, butter and salt in a small pot. Bring to a low boil over medium heat and cook for 7 minutes. Remove from the heat and stir in the almond extract.
Pour the honey mixture over the popcorn and toss well to combine and evenly coat.
Season with flaky sea salt and bake, stirring occasionally, until crisp, 40 to 45 minutes.
This popcorn is best eaten fresh!
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