Line your kitchen counter with wax paper, parchment paper or foil.
Lay candy canes in a heart shape around lollipop stick, with the stick coming up halfway into the bottom of the heart.
Melt ½ lb of melting chocolate according to the package instructions.
Add chocolate into a zipper baggie, snipping off the end. Fill candy cane hearts with chocolate, including the lollipop stick. (You can also just use a small spoon to fill the candy cane hearts if you prefer.)
Let the chocolate dry slightly. Add candy eyes to the middle of the heart and the M&M candy to the bottom of the heart.
Let it dry completely. When dry, enjoy your treat!
Notes
Melting chocolate melts evenly and quickly over the stove as opposed to a possibly uneven melt when using the microwave.
Store in an airtight container to keep fresh.