Make the cran-cinnamon simple syrup by combining equal parts water, sugar, cranberries and cinnamon sticks in a sauce pan and bring to a boil.
Stir until the sugar dissolves completely, then strain the liquid into a glass jar or vessel.
To make the cocktail, stir bourbon, Luxardo, cran-cinnamon simple syrup and bitters together and strain over fresh ice.
Garnish with a cranberry and a cinnamon stick, and enjoy!