I used kraft cardstock and some October Afternoon papers, this is from the Farm Fresh collection, I believe. It was fun to use my crimper again too, it's been a while.
Here is a photo of it as you slide the treat in. You just thread the ribbon through the small hole punch and then place your treat on the other tail, push it in, and tie a knot or bow. Then, when you pull the ribbon, the treat magically comes out.