To make 1:1 honey syrup, combine equal parts honey and hot water. Stir to dissolve. Allow to cool completely before use.
To make cocktail: combine ingredients with ice cubes in a rock glass. Stir for 30 seconds, or until desired dilution is reached. Garnish with orange peel (optional).
Recipe by The Taste Edit at https://thetasteedit.com/honeyed-old-fashioned/