Potion crafting allows you to amplify various stats and abilities with the use of materials.
To begin potion crafting, one must buy a cauldron not unlike the halloween decoration.
The cauldron would allow you to place various materials (mostly new foraged materials with little exception) within it to mix them.
When you are satisfied with the potion you've mixed, a piece of solid material, the rarity and properties of determining a potions overall potency and possible other effects would be placed into the cauldron to get the equippable flask.
Depending on potion type, you may or may not be able to create several potions from one batch of ingredients.
If potion effects are mixed, their effects and durations will become weaker, though you'll be able to have multiple effects at once.
Only one flask's effects may be active at any given time.
For a decent price, one may buy an "alchemist satchel" to hold potions outside of the normal 9 inventory slots.
Some examples of potential potion effects: Fire resistance (already ingame lol), water breathing, anti-gravity, speed, strength (tool strength and grab strength would be improved), wealth (gain +% more money for the duration), giant (larger character model for duration and increased strength).