The "entourage effect" is a concept that refers to the idea that the cannabinoids present in cannabis, such as CBG and CBD, interact with each other and with other substances present in the plant, such as terpenes, to modulate the effects of cannabis on the body. According to a number of  studies, this synergic effect explains the variety of effects different cannabis preparations have on body and mind.
In a cannabinoid formulation, the "entourage effect" usually refers to the presence of a combination of various cannabinoids and terpenes (responsible for other characteristics like taste and smell), that can modulate the effects on the body. However, because of the vastness of the possible interactions, the research on the entourage effect is still ongoing, it is still not possible to determine with certainty how these elements interact and what effects they may have on the body.
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