When combining two angular momenta, it results from this a number of possible values of $j$'s.
In the semiclassical model, the vectors $\vec j_1$ and $\vec j_2$ can be added to produce values
of $\vec j$ beyond the simple addition $\vec j_1+\vec j_2$ because the orientations of $\vec j_1$ and $\vec j_2$ need not be colinear. Quantum mechanically, this means that $\vert j_1m_1\rangle \vert j_2m_2\rangle$ will not in general be eigenstates of the total operator $\hat J^2=
(\hat J_1+\hat J_2)^2$ as eigenstates of $\hat J^2$ have $j$ as a "good" quantum number.
The values of the projection on the $\hat z$ axes, however, are scalars and additive, i.e. $m_1+m_2=m$ for any of the possible values of $\vec j$.
The Clebsch-Gordan coefficient
$\langle jm\vert j_1m_1;j_2m_2\rangle$ with $m=m_1+m_2$ is just the amplitude of finding the state
$\vert jm\rangle$ in the coupled state $\vert j_1m_1\rangle \vert j_2m_2\rangle$, just as $\langle \phi\vert \psi\rangle$ is the amplitude of finding the state $\vert \phi\rangle$ in the state $\vert \psi\rangle$.
In particular,
$\vert \langle jm\vert j_1m_1;j_2m_2\rangle\vert^2 $ is the probability
of finding $\vert jm\rangle $ in $\vert j_1m_1\rangle\vert j_2m_2\rangle$. This implies, for instance, the normalization condition
$$
\sum_j\vert \langle jm\vert j_1m_1;j_2m_2\rangle\vert^2=1
$$
Alternatively, to obtain the state $\vert jm\rangle$ for specificed $j$, one must consider linear combinations of states $\vert j_1m_1\rangle\vert j_2m_2\rangle$ with different $m_1$, $m_2$ but such that $m_1+m_2=m$. The coefficients of the linear combinations are precisely the CGs. Thus
$$
\vert jm\rangle =\sum_{m_1m_2}
\vert j_1m_1\rangle \vert j_2m_2\rangle \langle j_1m_1;j_2m_2\vert jm\rangle \tag{1}
$$
In this interpretation, the probability amplitude of finding $\vert j_1m_1\rangle \vert j_2m_2\rangle$ in the state $\vert jm\rangle$ is the CG, and it thus follows that
$$
\sum_{m_1m_2}\vert \langle j_1m_1;j_2m_2\vert jm\rangle\vert^2=1\, .
\tag{2}
$$
In (1) and (2), the sum over $m_1$ restricted to that $m_1+m_2=m$.
Finally, note that since the CGs are real, we have
$$
\langle j_1m_1;j_2m_2\vert jm\rangle=
\langle jm \vert j_1m_1;j_2m_2\rangle\, .
$$