Line two baking trays with parchment paper or wax paper and set aside.
In a large bowl, mix the butter, corn syrup, and almond extract together. Stir until smooth and well combined.
1/4 cup unsalted butter, 3 tablespoons corn syrup, 1 teaspoon almond extract
Gradually add the powdered sugar to the bowl and knead together until a soft dough forms.
2 1/2 cups powdered sugar
Pinch off ½ tablespoon-sized pieces of dough, roll into a ball, and then flatten the balls into discs.
Wrap each disc around a maraschino cherry, keeping the stems exposed. Use your hands to carefully roll each ball into shape.
20 ounces maraschino cherries with stems
Repeat with the rest of the cherries and dough. Refrigerate for 2-4 hours, until firm.
Once the dough is firm, melt the chocolate wafers in a double boiler or candy melting pot over low heat. Stir occasionally to ensure it is heating evenly.
10 ounces Ghirardelli milk chocolate melting wafers
Gently hold the cherry by the stem and dip it into the chocolate candy, one at a time. You can use a fork if needed to lift it out without breaking the stem off.
Place the chocolate covered cherries back onto the prepared baking tray and lay them on the side.