Given data:
The mass of marshmallow launcher toy is M=1 kg.
The mass of marshmallow is m=0.05 kg.
The angle with horizontal is θ=60°.
The speed of marshmallow is v=10 m/s.
Considering the velocity of marshmallow is u.
Applying the conservation of momentum between the marshmallow and toy,

Thus, the velocity of marshmallow is 0.25 m/s.