In a medium-sized mixing bowl, combine the peanut butter and molasses until well mixed.

Use a tablespoon or cookie scoop to form the mixture into small balls.

Place the granulated sugar in a shallow dish. Roll each ball of peanut butter mixture in the sugar until well coated.

Place the cand cand on a baking sheet lined with parchment paper.

Let the candy sit at room temperature for at least an hour, or until the candy hardens.