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Step 1
Combine the sugar, honey and water in a large sauce pan over medium-heat. Bring to a boil. Turn heat to medium-low and continue to simmer for 8-10 minutes, stirring frequently.
Step 2
Remove from heat and let sit for 5 minutes. Then stir in the maple and vanilla extract. Serve over pancakes or allow to cool and then place in jars.
Step 3
Store in a covered jar in the refrigerator for 1-2 months.