In another small bowl, combine chili powder, garlic powder, onion powder, cinnamon and cayenne pepper. Sprinkle over top nuts and mix together until nuts are coated with the spices.
Spread nuts on a cookie sheet in a single layer and bake for 10 minutes.
Add nuts to a bowl while they’re still fresh from the oven and sprinkle with sugar and toss to coat. Serve warm or allow to cool completely. Store them in an airtight container at room temperature for up to 3 weeks.