Dip marshmallows. Melt white and light cocoa Candy Melts candy, separately, according to package directions. Dip lollipop stick in melted candy and insert lollipop stick into marshmallow. Place in pops decorating stand and chill until set, about 3 to 5 minutes.
Dip whole marshmallows in melted candy. Tap gently to remove excess. Place in stand and chill until set, about 10 to 15 minutes.