Add the cranberries, water, cinnamon sticks, star anise and cardamom to the inner pot.
Lock the lid and set the steam release valve to the sealing position.
Select Pressure Cook (high) and set the cook time to 4 minutes.
While the Instant Pot is cooking, zest and juice the orange.
When the cook time is complete allow the Instant Pot to release pressure naturally for 5 minutes before quick releasing the rest of the pressure.
Press Cancel and add in the orange juice, zest and honey.
Select Saute (high or more) and bring the pot up to a simmer.
Allow to simmer, stirring often for about 10 minutes or until the sauce has thickened to your liking (remember, it will thicken a bit more as it cools)
Reduce the saute heat to medium or low (or normal or less) if necessary to avoid splattering as the sauce thickens.
Remove the inner pot from the base to stop the cooking, serve warm or allow to cool to room temperature before transferring the the fridge for storage. Enjoy!