Chop the chipotle chiles and grate the garlic.
Whisk mayonnaise, chopped chipotles, adobo sauce, garlic, and lime juice in a bowl until smooth.
Season with salt, black pepper, smoked paprika, and cumin. Whisk in the honey.
Stir in water a little at a time until the sauce is spoonable.
Cover and chill for 20 minutes so the flavors meld. Stir and fold in cilantro before serving.