For the Hot Chocolate:
Mix up your favorite instant hot chocolate and add a tiny dribble of pepperment extract.
For the Pink Whipped Cream:
In a blender or food processor, pulverize some candy canes. Red and White ones work best for a pink topping, the green, red and white ones give a muddy sort of color to the whipped cream. Once you have a pink powder, use 3 tbsp to 1 cup of whipping cream and whip it up.
To put it all together:
Top the mug of hot chocolate with the pink whipped cream and sprinkle with additional crushed candy canes.
Yum! (and if you get everything on sale, about $0.30 per mug!)