Nerolidol is a naturally
occurring terpene in Cannabis as well as ginger, jasmine, lavender
and tea tree. The aroma smells like a woody bark and is used as an
essential oil in many products. Nerolidol is useful in transdermal
delivery of other cannabinoids in the cells.(Source)
Nerolidol contributes to the complete medicine of the cannabis plant
in the entourage
effect.
Nerolidol is a sequiterpene
which means it is a more stable chemical structure than other
terepenes. It gives sedative properties that treats insomnia. Its
absorption through the skin helps facilitate topical applications for
skin conditions or pain.(Source)
Nerolidol in studies has also shown to have anti-fungal properties
and reduce infection of Malaria.(Source)
Source:
https://www.thcfarmer.com/community/threads/the-terpenes-of-cannabis-their-aromas-and-effects.68222/
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC434199/