Prep. Scoop course salt and sugar onto a saucer and mix well, squeeze a dab of honey onto your finger and rim a glass with honey. Dredge the rim of the glass through the course salt and sugar mixture until the rim is ringed completely with mixture. Set aside.
In a cocktail shaker or large glass add tequila, Faygo Cotton Candy soda pop, watermelon juice, and two ice cubes. Stir until combined.
In a blender add 2 - 3 ice cubes, 1/2 tablespoon of sugar and a 1/2 cup of watermelon with the seeds removed. Pulse several times. Add a heaping tablespoon of the iced-watermelon mixture to your salt/sugar rimmed glass. Pour margarita mixture into glass.
Garnish with a thin slice of watermelon.
Serve.
Drink responsibly, and never drink and drive.