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General
In a medium saucepan over medium-high heat, combine the milk, cocoa powder, granulated sugar, cinnamon, chili powder, and milk chocolate chips. Whisk to combine.
As the mixture heats up, continue to whisk until the chocolate chips melt. Heat for about 5 minutes, or until it reaches the desired temperature.
Remove from heat, and whisk in the vanilla. Serve immediately, and top with your favorite hot chocolate toppings!