In a deep skillet over medium heat, pour canola oil (it should be about 1-2 inches deep).
Mix together 1 1/2 Tablespoons sugar and cinnamon and set aside.
In a small bowl, mix together 1/2 Tablespoon sugar, bisquick, and hot water until it forms a soft dough. Spoon dough into a piping bag (or large ziploc bag). Cut off the end (or a corner) so it makes a small, circular hole. Pipe 4-5 5" strips into the dough, using your fingers or a pair of scissors to cut between each "fry". Let them cook for about 60-90 seconds (they cook fast, so I wouldn't recommend doing more than 5 at a time), then carefully remove from oil and place on paper towels to drain the oil. Repeat until all dough is gone.
Sprinkle the fries generously with the cinnamon and sugar mixture, and serve warm with honey butter dipping sauce.
Honey Butter Sauce
Mix together butter and honey until completely combined.