Preheat oven to 325.
Melt almond butter and honey on the stove over low heat, stirring constantly.
Add cinnamon and vanilla, mix together, and remove from heat.
Put oats, chocolate chips and dried cherries in a bowl. Pour honey mixture over oats, then stir with a wooden spoon to combine evenly.
Coat a baking sheet with cooking spray. Arrange the granola onto the sheet in clusters, with the chocolate chips either in the oat mixture or positioned on top of oats (This is so that the chocolate doesn't burn onto the baking sheet).
Bake for about 15 minutes, or until oats are slightly browned.
Allow it to cool, then use a spoon or spatula to break up the granola and transfer it to an airtight container.