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This stock has all of the makings of the next great cannabis stock – early-mover advantage, international exposure and influential partnerships, plus it has a product that is unlike anything else on the market…

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Dollar Tree (NASDAQ:DLTR) stock isn’t looking back anytime soon

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Just-released report names Cannabis Stock of the Year for 2019! Their last pick has seen a +1,200% return since he released it!

This stock has all of the makings of the next great cannabis stock – early-mover advantage, international exposure and influential partnerships, plus it has a product that is unlike anything else on the market…

You will also receive a free, weekly newsletter to stay on top of the latest industry trends, read analysis on promising cannabis stocks, and more. Click here to receive your Free Report immediately!

Dollar Tree (NASDAQ:DLTR) posted a great third quarter this year, with its sales shooting up by 5.9 percent, its biggest boost since 2011. The company’s profit margin has also increased by 40 points since last year. Dollar Tree (NASDAQ:DLTR) may be the smallest among the big three when it comes to number of stores but that doesn’t mean Dollar Tree (NASDAQ:DLTR)’s stock isn’t eligible to bank upon. Installing refrigerators and freezers in 133 additional stores have increased the prospects of Dollar Tree (NASDAQ:DLTR).

Though it might not be able to install them in all stores because Dollar Tree (NASDAQ:DLTR) would require 8000 square feet for optimal presentation, 133 stores are more than enough. This will increase Dollar Tree (NASDAQ:DLTR)’s chances of customers making more trips to the stores. The installation of these refrigerators and freezers will boost the sales by 5 to 10 percent, not only in the refrigerated products segment; we’re talking about business all around.

This will also compensate the volume lost in profits. Now we know why Dollar Tree (NASDAQ:DLTR)’s profit margins are expanding. Dollar Tree (NASDAQ:DLTR) has deals with are beyond the one dollar price point. Though these deals are only 219 in number, they continue to bring business for Dollar Tree (NASDAQ:DLTR) in each quarter. The namesake stores become the primary drivers for revenue. This kind of pricing makes Dollar Tree (NASDAQ:DLTR) different from its rivals.

They depend upon high price points on majority of their goods. Dollar Tree (NASDAQ:DLTR) offers a product for one dollar or quarter of it while rival Family Dollar offers it 22 percent over Dollar Tree  (NASDAQ:DLTR)’s price. And family dollar is a company that is waning in all aspects while Dollar Tree (NASDAQ:DLTR) continues to flourish. Dollar Tree (NASDAQ:DLTR) also benefits from the back to back school seasons and 28th anniversary in the past quarter also generated huge sales for the company.

Students came in hoards and bought stationery while candy was also one of the largest spending categories. The deep discount variety chain attracts the consumers as if it was the holiday season. This makes Dollar Tree (NASDAQ:DLTR) one of the most customer friendly, rightly priced stores. Canada is also a promising prospect for the company. The Canadian dollar brings unlimited opportunities and promise of sales for Dollar Tree (NASDAQ:DLTR) which is quite capable of turning the Great White North into one of its turf.

A Dollar Tree (NASDAQ:DLTR) chain in Canada would be a big plus for the company as Canadians are looking for a retailer that provides goods at a reasonable price and Dollar Tree (NASDAQ:DLTR)’s price is more than reasonable. Dollar Tree (NASDAQ:DLTR) is having the time of its life. Posting consecutive successful quarters has made the company to be the most wanted retailer in U.S and beyond. Now it’s up to the company to sustain this wave of success and open new chains globally.

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