Ancho Reyes is based on a 1927 recipe from Puebla, a town in Mexico known for its ancho chiles, which are dried and smoked poblanos. It brings a tasty spice note to classic cocktails like the Margarita or Paloma, or pair it with tequila or mezcal to make a great Latino Old Fashioned. It's also a terrific alternative for the next time a friend asks you for a shot of Fireball.