Mold spore of all types can cause allergic reactions in some folk...you most likely already know if you are.. whether the spores are dead or alive doesn't matter
The other thing you have to worry about is toxins the mold produces and leaves behind....in general you can think of mold that feasts on living tissue to not be as harmful as mold that eats dead or decomposing matter. Bud rot and pm do not produce any harmful toxins, unlike aspergillus which feeds on dead tissue for example and may inhabit you!.........
So with bud rot and pm all you have to worry about is spores as allergens. You can filter out mold spores and bacteria with a micron syringe making your oil perfectly healthy...
Here check out what skunkpharm has to say...should have everything you need
http://skunkpharmresearch.com/salvaging-moldy-material-2/