Yeah, it will be smokable but not great/much smoke. That plant is just ready to start filling out over the next few weeks, even under the CFL lighting.
Why do you need to pull it? Smell, Visitors, Hermie?
Just a huge waste of time if u pull it now IMO. Let it grow and produce some buds if possible. How many weeks has it been flowering, I would guess 3 to 4.