"Replace the fresh cranberry garnish with an old- fashioned candy cane if you wish," says Mary Lou Heiss, who also co-owns a gourmet store in Northampton, Mass. with her husband. "Either way, a dusting of matte green matcha adds an elegant finishing touch." It's also important to use 100-proof peppermint schnapps, she says. "The 40-proof version does not provide the desired balance of flavors."