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Before you get started, put your glasses into the freezer for at least 5 minutes, or until chilled.
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In a blender, add all of the ingredients and blend on high speed until smooth.
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Remove the glasses from the freezer and dip the rim into water and then into the cinnamon sugar mixture. Pour the Frozen Apple Butter Margaritas evenly among the glasses.
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Garnish each glass with star anise or a cinnamon stick and serve.