I think these are all good theories. And they did say that the Malivore pit was destroyed, even if Malivore itself didn't actually die, so maybe it did finally take a human form somehow? Clarke said Hope altered it, maybe her DNA gave it a way to take a humanoid shape? Plus, Malivore would be dumb to put all his eggs in the Clarke basket, considering how many times he's double-crossed him in the past. I could see him letting him out to see if he could do it but also sending other monsters as a contingency plan to get Hope and Landon.
Then again, the cannibalistic magic thing would be an interesting twist, too. It's a very different way to gain power but also similar enough to sacrificial magic that it could work. Or maybe he really is some type of monster? I can't get a read on this guy!