trupothead420, I LOVE your avatar.

as for mold, yea, it happened to me once. I trimmed it off like you did, let it dry out for a while...and I smoked it. It was a weird experience...the high didn't seem to be affected, but the smoke and taste was very strange. I still don't think it was a good idea to smoke that bud that one day.

If I wasn't on my lunch break I'd research some more for ya, but time is short!
I'll look it up tonight, good luck!