Spray large baking sheet with sides with baking spray. Set aside.
In a large bowl mix together oats, cereal, walnuts, coconut, and brown sugar.
Sprinkle cinnamon over oat mixture. Mix well again.
In a small bowl, combine coconut oil and honey. Stir until well blended.
Pour oil and honey over oat mixture. Mix until all dry ingredients are evenly coated with oil and honey. You may have to use your hands for this.
Place granola mix onto prepared baking sheet.
Press mixture into an even layer.
Place in oven and bake for 40 to 45 minutes or until granola is toasted to your preferred level, stirring at least once during cooking.
After stirring, press granola back into an even level.
Once granola has reached desired doneness, remove from oven and allow to cool without stirring for large clumps. While granola is still warm, sprinkle dried cherries over granola.
If smaller clumps are preferred, stir frequently while cooking and cooling.