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Melt light cocoa Candy Melts candy in short dipping container. Dip cherries in melted cocoa candy. Tap to smooth and remove excess candy. Place on parchment-covered cake board. Chill until firm, about 10 to 15 minutes. Reserve remaining candy.
Make candy topped cherries.
Fill mold cavities less than full with remaining melted cocoa candy. Position dipped cherry on its side in mold, making sure cherry touches melted candy. Chill until firm, about 10 to 15 minutes.