In a small microwave-safe bowl, combine white chocolate chips with vegetable oil. Mix until all white chocolate chips are coated in oil, this will help them heat evenly.
Microwave the white chocolate chips for 10-second intervals, stirring well between each 10-second interval. Continue to heat and mix until you have smooth white chocolate.
Dip 6 mini pretzels into the white chocolate halfway and arrange them in a circle on parchment paper. Make sure the white chocolate side of the pretzel is on the inside of the circle and that they are touching.
Repeat step 3 but lay the next dipped mini pretzels on top of the first layer.
Quickly sprinkle green sugar sprinkles over the melted white chocolate and arrange red M&M’s evenly around the white chocolate.
Place the wreaths in a refrigerator to chill for 10 minutes.
While the wreaths are chilling, pull 2 attached strands of Twizzlers pull and tie a bow. Make sure not to pull the bow too tight or the Twizzler strands will break. If you are having trouble tying the Twizzler strands, make 2 loops and use a 3rd strand of Twizzler to hold them together in the middle.
Once the white chocolate on the wreaths has set, use a small amount of melted white chocolate to attach the bow to your wreath. You may have to reheat the white chocolate. To do this, microwave at 10-second intervals again until the white chocolate is soft.
Serve at room temperature or chilled and enjoy!