Firstly, Mix the peanut butter, chocolate hazelnut spread, butter, powdered sugar, cinnamon, and nutmeg in a bowl for Snowy Pinecones.
Take a pretzel stick and mold some of the peanut butter mixtures around it, forming a slight cone shape.
Holding it steady by using the tip of the pretzel as a handle, start inserting chex pieces into the peanut butter mixture in a symmetrical pattern around the stick. Add more cereal pieces, staggering them as you move upward until you get near the top.
If your pinecone is getting too tall then cut off the top of the pretzel after that, add a dollop of peanut butter mixture to cover it. Insert a few more pieces of cereal into the top of the pinecone.
For the snow or snowy, dust the pinecone with powdered sugar using a sifter.