Slang for a popular breakfast cereal called Corn Pops. It's generally consumed by young adolescent kids.
*Corn Pops is made by Kellogg's, described by the company as "crunchy sweetened popped-up corn cereal." Originally called Sugar Pops in 1951, it was later changed to Sugar Corn Pops, and then to "Corn Pops". In January 2006, the name of the cereal was changed to Pops, but after a few months of poor reception, was changed back to Corn Pops.
*In mid 2007, Corn Pops launched its first line extension in many years called "Chocolate Peanut Butter Pops".
*Corn Pops are made from milled corn and the American version has a flattened, smooth, bumpy shape.
*Unlike the vast majority of breakfast cereals, Corn Pops are packaged in a foil-lined bag. This helps to prevent the Pops from going stale and from sticking to one another (a problem caused by the method that the cereal is processed).
This shit is fucking awesome. It owns Lucky Charms, Peanut Butter Crunch, and Frosted Flakes.
I don't think Corn Pops has a mascot, though.
* - Courtesy of Wikipedia.
"Gotta have my Pops!"