Absolutely! You can make this peach lemonade into a cocktail by adding tequila, gin, or vodka. You can mix individual cocktails or make a whole pitcher. For individual peach lemonade cocktails, combine 2 oz. of liquor with 4 oz of peach lemonade. To make the whole pitcher of cocktails, add about 1 1/2 cups of liquor, depending on how strong you want the punch to be.