There were four main types of lavender flowers Jake identified as ingredients to make potions, blue, red, green and rainbow. The rainbow lavender flowers are described as being "very fantasy like".
Mana potion
[Blue Lavender (Inferior)] – A very abundant herb found nearly everywhere with any kind of mana. Mana is stored in the small flowers growing on the stalk, with the stem itself containing the useful juices. Known as the main ingredient of mana potions.
Easiest to make
Health potion
[Red Lavender (Inferior)] – A very abundant herb found nearly everywhere with any kind of mana. Mana is stored in the small flowers growing on the stalk, with the stem itself containing the useful juices. Known as the main ingredient of health potions.
Health points are also know as vital energy
Stamina potion
[Green Lavender (Inferior)] – A very abundant herb found nearly everywhere with any kind of mana. Mana is stored in the small flowers growing on the stalk, with the stem itself containing the useful juices. Known as the main ingredient of stamina potions.
Hardest to make
Rejuvenation potion
[Rainbow Lavender (Common)] - A relatively abundant herb found nearly everywhere with any kind of mana, usually surrounded by its lesser variants. Mana is stored in the small flowers growing on the stalk, with the stem itself containing the useful juices. Known as the main ingredient of rejuvenation potions.
Restores all resources.
Body potions restore the physical stats like health and stamina.
Regeneration potion
Helps recover after a fight not during the fight. Giver a percentage increase that synergies with meditation and other recovery skills
Cool Down period
There's a cool down period of an hour after drinking a potion. Even beasts know this somehow, If one consumed two potions within an hour, the second could cause horrific consequences, such as being slightly less thirsty or having one less potion to drink.