This simple stove-top recipe is fast, easy, and almost irresistible. Once you get the hang of this incredibly simple and thrifty stove-top popcorn recipe, you can have theater-quality fresh popcorn at home!
Preheat a 2-3 quart heavy bottomed pan with a tightly fitting lid over medium high heat. Add the coconut oil and heat until melted and shimmering but not smoking.
Quickly add one or two teaspoons of the butter, swirl the pan, then add the popcorn all at once and cover the pan immediately.
Shake and agitate the pan regularly back and forth over the burner so the kernels slide around and don't stick or scorch. Listen for the sound of the popping kernels, and keep shaking the pan over the heat until the pops slow to a few seconds between each pop. Turn off the heat.
Pour the popcorn into a mixing or large serving bowl. Quickly add the rest of the butter to the hot pan, and return to the stove.
Melt and then lightly toast the butter until it foams slightly and the milk solids turn a light medium brown hue and it smells nutty and rich. Quickly remove the pan from the heat (it can burn quickly once it's browned).
Pour the brown butter over the popcorn, using a heat-resistant spatula to scrape all the butter from the pan and mix the popcorn so the butter is evenly distributed throughout the kernels.
Season to taste with Old Bay seasoning, tossing again to mix. Best enjoyed warm and fresh from the stove.