Magic Christmas Tree

"Magic Christmas Tree" is a 1964 American Christmas-related fantasy film, starring Chris Kroesen as Mark, a boy who receives a magic ring from an old lady on Halloween, that contains seed for a Christmas Tree that quickly comes to life and grants three wishes. Though regarded by many as one of the worst Christmas movies of all time, its infamy is often overshadowed by Santa Claus Conquers the Martians, which was released the same year.

Synopsis
Mark is a boy who enters a spooky house owned by a witch on Halloween (and tries to talk his two friends into joining him), and the witch gives him a ring containing the seed for a Magic Christmas Tree that comes to life and grants three wishes.

Trivia

 * The poster for the movie mentions the 1964 TV special Rudolph the Red-Nosed Reindeer, but has nothing to do with the special.