In a medium bowl, beat the butter and cream cheese together until smooth. (We used our KitchenAid mixer.) Add the vanilla and sugar; beat until smooth.
Add in the coconut, using your hands to mix thoroughly.
Roll candy into balls or potato shapes no bigger than your thumb.
Whisk together cinnamon and sugar. Roll candy in mixture.
Place candies on a cookie sheet and chill to set.
Notes
This recipe is from AllRecipes.com. Of course, we made a few changes, too.