Bag-seed is usually still able to grow. If it comes from a bud with little seeds / good quality, i would say it has good genetic potential (unless it got a seed from pollinating itself, in that case Hermie). also, try and hypothesize (by smoking) if it is indica(stony couch) or sativa(uppity active) or a mix (uppity couch active stone?). knowing the species is pretty clutch to recognizing good or bad plant growth. but usually species can be assumed pretty accurately after a month or two (or less).
but remember one seed does not mean you have a female plant.
But hopefully!
(i have 2 bag-seed sprouts right now! best of luck!)