First, Gather Your Ingredients. Then boil Combine the sugar, corn syrup, and water in a medium (2-3 quart) saucepan, and place the pan over medium-high heat. Stir while the sugar dissolves, then brush down the sides of the pan with a wet pastry brush to prevent sugar crystals from forming. Once the candy comes to a boil, insert a candy thermometer and continue to cook the sugar mixture, without stirring, until the candy reaches 285 F (141 C). Next, your sugar syrup comes to 285 F, remove the pan from the heat immediately. Let the bubbles subside in the candy, then stir in the peppermint extract. When the mint flavor is mixed in, pour approximately half of the sugar syrup onto one of the prepared baking sheets and place it in the preheated oven to stay warm. Add a few drops of red food coloring to the remaining candy in the pan, and stir it to mix it in. Add more red color if necessary, until you have a vibrant red. Pour the red candy out the remaining baking sheet or a marble slab. Allow it to sit briefly just until it forms a “skin”. After this, spray a bench scraper or metal spatula with nonstick cooking spray, and use the tool to begin spreading the candy out and pushing it back together, working it across the board and allowing it to cool. Then the candy is cool enough to handle (but still quite hot), put on your food-safe plastic gloves. There are specially made heat-safe gloves available that can be purchased online, but if you don't have these, consider wearing several pairs of gloves on top of each other to protect your hands from the heat. Take the candy in both hands and pull the hands in opposite directions, stretching the candy into a long rope. Bring the ends of the strands together and twist the candy into a rope, then pull the rope out into a long strand. Continue to twist and pull the candy until it has a satin-like finish, is an opaque red color, and is becoming difficult to pull. Once the candy is still pliable but barely warm, pull it into a strand about 2” thick, and place it on the remaining sprayed baking sheet. Put this sheet back into the oven, turn off the heat, and remove the baking sheet with the other half of the candy syrup. The pulled candy will remaining pliable in the warm oven while you work the second portion. Finally, remove the red candy from the oven. Cut a 2-inch segment from the white and the red log, and put the rest of the candy back in the oven to stay warm. Place them next to each other and press them together so they are one log. Begin to twist the candies together, pulling and twisting gradually to form the familiar candy stripes. Once the twisted candy is the thickness you want, use oiled kitchen shears to cut them into smaller lengths. Immediately form the hook at the top of the cane, and place it on a baking sheet to firm up at room temperature. Repeat the twisting with the remaining candy. If the candy gets too hard to pull, place it in the warm oven for a few minutes to soften, but don’t let it sit too long and melt. Your candy canes are finished!