Place white chocolate in a medium glass bowl. Set aside.
In a small saucepan, cook heavy cream over medium heat. Allow it to sit until the cream begins to boil.
Once it begins to boil, pour the heavy cream over the white chocolate.
Use a whisk to combine the cream and the chocolate. It will take a minute or two, but it will eventually come together and form a nice smooth ganache.
Stir in flavored extract.
Optional: Once ganache is formed, you can add a few drops of food coloring.