TSX Penny Stocks to Watch: Bragg Gaming Group, Westbridge Renewable Energy, and Cannara Biotech

As the first week of 2026 unfolds, investors are closely monitoring geopolitical developments in Venezuela, fresh labor-market data from North America, and potential shifts in U.S. tariff policies. Amidst these macroeconomic factors, penny stocks remain an intriguing area for investors seeking opportunities at lower price points. Bragg Gaming Group, with a market cap of CA$91.36 million, is navigating the penny stock landscape by leveraging its proprietary and exclusive iGaming content. Despite being unprofitable, it maintains a positive free cash flow and has more than three years of cash runway. The company's strategic focus on AI transformation aims to enhance operational efficiency and product personalization. Recent partnerships in Finland and Brazil highlight Bragg's expansion into regulated markets, potentially boosting revenue streams. However, restructuring efforts indicate ongoing cost management challenges as it works towards profitability amidst industry volatility.