Honey is an item that appears in all of the Monster Hunter games. It can be gathered from Bee Hives, received from Trenya as a reward for sponsorship, or bought from the Peddling Granny (only with the download patch!). Additionally the hunter can get a "Prototype Beehive" from a villager in Pokke that you can add to Pokke Farm.
When eaten raw honey gives the hunter a small stamina boost, but the real reason honey is so valuable is that it's used in Healing Items. Combining a potion (blue mushroom + herb) and honey will create the Mega Potion, which can let the hunter recover a good amount of health. Honey is also required to produce Mega Nutrients.
Related ThreadsCould you get me some honey, Trader? - last post by @ Jul 18, 2016
where can i get some honey in HR 1,2, or 3 - last post by @ Apr 8, 2010
Honey - last post by @ Nov 28, 2006
Monster Hunter 3 Ultimate screenshots introduce murderous, honey-loving monster bear Arzuros - last post by @ Feb 15, 2013
I am sticky with your honey; a fiction - last post by @ Mar 31, 2008