For the Smoked Sage Molasses Syrup, mix water, molasses and smoked sage in small saucepan. Bring to simmer on medium heat. Reduce heat to low; simmer 5 minutes. Remove from heat. Let stand 10 minutes. Strain through fine sieve. Cover and refrigerate until well chilled. (This makes enough syrup for 6 cocktails)
Fill cocktail shaker half full with ice cubes. Add 1/2 cup each apple cider and bourbon, and 2 tablespoons Smoked Sage Molasses Syrup; shake until well mixed and chilled. Strain into 2 cocktail glasses. Repeat with remaining ingredients to make 6 cocktails.