Add the pomegranate juice, cinnamon sticks, cloves, orange slices, and honey to a medium saucepan.
Heat the mixture over medium-low heat until it reaches a gentle simmer, then reduce to low and cook for 15 minutes to let the spices infuse.
Remove the saucepan from the heat and stir in the bourbon.
Strain the mixture into four mugs, discarding the spices and orange slices.
Top each mug with a few pomegranate seeds and an extra cinnamon stick before serving.