Heat oven to 250°F. In 15x10x1-inch pan or large roaster, mix cereals, pretzels, cashews, raisins and cranberries.
In small bowl, mix remaining ingredients. Pour over cereal mix; stir to coat well.
Bake 1 hour, stirring every 15 minutes, until crispy and well coated with seasoning. Spread on waxed paper or cooking parchment paper to cool. Cool completely, about 10 minutes.