Place a miniature peanut butter cup, bottom up, on a plate. Place a dollop of frosting or peanut butter on the bottom of the cup.
Place a chocolate-covered graham cracker centered flat on the dollop of peanut butter or frosting. Press down gently to secure.
Make the tassel for the cookies. If using red licorice, unwind a piece of licorice until you have individual strands; flatten the strands out. Bunch several strands together; this will be the tassel. Tie a strand around the tassel just above one end; this will create the fringe at the end of the tassel.
If you are using red fruit leather, cut out a small square and tightly roll it up. Use a knife or scissors to cut fringe in one end.
Attach the non-fringed end of the tassel to the center of the graham cracker with another dab of frosting or peanut butter. Use a dot of frosting or peanut butter to attach a red cinnamon candy over the end of the tassel in the center of the cookie.