In a large microwave safe bowl, heat margarine and marshmallows at HIGH for 3 minutes, stirring after 2 minutes.
Stir in vanilla. Stir in KELLOGG'S* RICE KRISPIES* cereal until well coated. While still warm, shape mixture into two 30 cm candy shapes using buttered hands. Place on surface sprayed with cooking spray, or wax paper.
Decorate candy canes string licorice wrapped around it, secured by icing. Slice each cane into 6 slices.
Melt margarine in large saucepan over low heat. Add marshmallows and stir until completely melted. Follow steps 2 and 3 above.
In keeping with good allergy practices, we remind you to be aware of allergens and to check labels on any packaged goods used. This recipe has been tested using Kellogg's* products. Results with other products may vary.