I have never sprayed it on the flowers, just the leaves and the ground around the base of the plants, and it has deterred squirrels, rabbits and mice as well as chewing bugs (sucking bugs tend to ignore most things.) We used to use it all the time when I was a kid and we were growing veggies for the family restaurant, and I don't recall any problems with the bees.

Silly way to deal with raccoons: put out gallon (or larger) glass jugs full of water, near the plants. The raccoons look at the jugs and see the reflection of a larger (because of the shape) raccoon, and go away. We used to do that for the corn, and it generally helped.