you can recover it and smoke it. but be very careful when you cure it. because you can get another kind of mold when curing as well, and that would be worst. i got one harvest with this "mold" in flowering. cleaning it and fixing humidity made it not to re-surface again.
this one in flowering stage is not really a mold, but a saprophitic fungus growing of dead plant matter (even the red pistils) due to the high humidity. also after harvest dry the plant very well. 1 week at least with good ventilation on nearby.
if you get mold in curing however you cannot recover it unfortunately.