Place the milk, cinnamon sticks and vanilla extract into a sauce pan and heat for 2-3 minutes over medium heat.
Whisk the milk constantly and add the remaining ingredients, chocolate chips, cocoa powder, maple syrup, cayenne pepper and nutmeg.
Reduce heat to a low and keep whisking until all the chocolate morsels have melted. Once all ingredients are completely combined, reduce heat and simmer for 3-5 minutes.