I have not used the stand you showed but it can certainly be done. Ive made a couple of trees this way, but I made my own bases and stands for them.
I had thought of doing this very thing, but went instead with a wider base that I could attach wheels to and also a place to put paper on instead of the floor.
With the way that tree branches out, this idea would work, but like ode to parrots said, you would need to cover areas for poop to land, but I think we all do that lol