2 fresh young coconuts, tops removed, coconut water reserved for use
1/4 cup canned unsweetened coconut milk
1/2 cup dark rum
2 tablespoons fresh lime juice
2 tablespoons pineapple juice
2 lime slices
2 maraschino cherries
Bring sugar and 1/4 cup water to boil in small saucepan over medium- high heat, stirring until sugar dissolves. Cool simple syrup.
Cut off top five centimeters of coconuts; reserve coconut water. Mix 1/4 cup simple syrup, coconut milk, light rum, gold rum, lime juice, pineapple juice, and 1/2 cup reserved coconut water in large cocktail shaker. Fill with ice; cover and shake.
Pour contents of shaker into coconuts, dividing equally (do not strain). Garnish each with lime slice and maraschino cherry. Serve with a straw, sip and enjoy