Pour tequila, cranberry juice, lime juice, orange juice, and simple syrup into the punch bowl.
Stir the mixture with a long-handled spoon until well combined.
Add club soda just before serving to maintain carbonation.
Fill the punch bowl with ice cubes.
Float orange slices, fresh cranberries, and mint sprigs on top.
Fill each glass with ice before ladling in the punch.
Garnish individual glasses with lime wedges and extra mint sprigs.
Notes
Store leftover punch without ice in an airtight container in the fridge for up to 2 days.Make simple syrup ahead by heating equal parts water and sugar until dissolved, then cooling completely.For a mocktail version, replace tequila with additional club soda and a splash of orange blossom water.Add extra simple syrup if the punch tastes too tart.