In a large skillet melt one tablespoon of the butter over medium heat. Add the oats to the butter and toast for 5 to 8 minutes, stirring frequently. Once completed remove the oats from the skillet.
Reduce the heat to medium low and add the rest of the butter (5 tablespoons), honey, brown sugar, and cinnamon. Cook this mixture until the butter melts and the sugar dissolves, about 2 to 3 minutes.
Add the toasted oats back into the skillet along with the popped popcorn. Toss with the syrup until the oats and the popcorn are well coated. Continue to cook for another 5 to 8 minutes. Spread on cookie sheet to cool. Enjoy.