Combine first five ingredients in a medium size bowl, add pecans and stir to coat.
Transfer pecans to a skillet and cook on medium high heat for 7 to 8 minutes. Stir continuously to prevent burning.
Remove pecans from skillet and spread evenly on a parchment lined baking sheet.
While the pecans are hot and gooey sprinkle with cinnamon and sugar.
This step is optional, but I think it helps the pecans dry a little bit. Place baking sheet in a preheated oven set on 175°F on the middle rack then turn the oven off. Let the pecans sit in the oven for a hour or so.
Once the pecans have cooled completely, place in an air tight container.
Notes
The recipe can be made with water instead of bourbon or switch out the bourbon for whiskey or brandy for a change of flavor.