Divide the top half of the wreath into 6 equal parts. Use a marker to mark each section.
Starting with red, attach the yarn to the back of the wreath with glue, then wrap the yarn until you reach the mark for the next color. Glue the yarn down and cut it from the skein. Repeat with each color of the rainbow.
Once the rainbow is done, wrap the remainder of the wreath with a green yarn for the grass. I chose a variegated green. Add buttons to the grass to give more dimensions, if desired.
Using the pot o' gold template, trace the template onto the felt and cut out the pieces. Assemble the pot o' gold. Add buttons for gold, if desired.
Create a cloud template on a piece of cardboard. Cut out and trace onto felt. Glue the pieces together. NOTE: I did 3 templates that got progressively smaller, giving the clouds a more 3-D look.
Using hot glue, attach the clouds and pot o' gold to the wreath.
Attach a loop of yarn to the back of the wreath for hanging.