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In a pot on the stove, melt the brown sugar and honey over medium heat, and bring to a boil, stirring frequently.
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Let boil for about 3 minutes, continuing to stir. Then remove from heat, stir again to remove the bubbles and let sit for 1-2 minutes to cool slightly. (BE CAREFUL! This caramel is very sticky and hot, don't burn yourself!)
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Pop the popcorn, and place in a large bowl.
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Pour the caramel over the popcorn, making sure to stir (as best you can) so it is relatively evenly distributed.
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Spread the popcorn over a parchment covered baking sheet.
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Sprinkle the cheese over the top.
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Let the popcorn and caramel cool and harden, and then eat!