In a mixing bowl, whisk together honey, lime juice, olive oil, minced garlic, chili powder, paprika, cumin, salt, black pepper, and cayenne pepper until smooth.

Place chicken breasts into a ziplock bag and pour in the marinade. Seal and refrigerate for at least 30 minutes, or overnight for best results.

Preheat grill to medium-high heat or oven to 400°F (200°C).

Remove the chicken from the marinade and place on the grill or skillet. Cook for approximately 6-7 minutes on each side until the internal temperature reaches 165°F (75°C).

Let the cooked chicken rest for about 5 minutes before slicing.

Slice the chicken into strips and garnish with lime wedges and chopped cilantro.