Lay each of the Tiny Teddies out flat on a tray or chopping board.
'Glue' one mini M&M onto each Tiny Teddy to resemble the nose.
Cut a tiny slit with a knife in the middle of each Milky Way.
Dip the bottom of each Tiny Teddy into the melted chocolate and then lightly press into the top of the Milky Way (the Tiny Teddy doesn't need to go right in - the melted chocolate will help to keep it in place).
Spread melted chocolate along a 2cm section of each candy cane (approximately half to two-thirds of the way down) - I like to do this one sleigh at a time so that the chocolate doesn't set too quickly.
Place the Milky Way onto the melted chocolate and hold in place until set.
Dip the ends of two tiny pretzel pieces into the melted chocolate and hold onto the top of the Tiny Teddy's ears until they have set.