You could show that at the exact point of the cannonball it has its upward motion plus sideways (tangential) motion as a result of it previously being carried along by the rotating Earth.
After leaving the cannon it travels in roughly a parabola described by ordinary Newtonian gravity. However, you could also see it as going into in a very elongated orbit around the center of the Earth (that, given enough time, simply intersects the Earth again, at which it stops ‘orbiting’, and just hits the ground).
(neglecting atmosphere and any other frictions, and assuming perfectly vertical launch, at the equator, etc.etc.)
A cannonball just dropped from the lip of the cannon is itself in an ‘orbit’ that has tangential motion equivalent to the Earth’s rotation at that point, but of course it hits the ground because its effective orbit intersects the surface of the Earth.
Okay, so trying to reason this through, a cannon fired upward puts it in an orbit which has the same tangential motion, but much much greater motion effectively away from the center of the Earth. (more than zero, compared to just dropping it). This increases its total momentum. More momentum for the same mass means a bigger orbit. But a bigger orbit means slower angular change over the same period of time even though its moving faster (note Pluto, way the heck out there, taking forever to go around the Sun – if you slowed its motion through the heavens you could place it closer to the sun – but its angular change on would be quicker) relative to the center of the Earth and the point at which the cannon was originally fired.
So the Earth’s angular change on its axis relative to the center and some chosen point at a chosen time is 360 degrees in 24 hours (ish), but a sufficiently powerful cannon firing that cannonball would angularly be slower. Therefore it would fall back down to the surface a hair behind.
This is just a guess without working through all the ugly math. I’d love a second guess by someone else, or proof I’m out to lunch.
Consider even more handwavingly that if the cannon were powerful enough, it could fire the ball way WAY out there stupid fast, to the point that it was almost a straight line out and almost achieving escape velocity. In the time that it was out there, ‘hanging’ just barely being pulled back by Earth’s gravity, Earth could have rotated many many times.
But the thing that bugs me is I somehow doubt that this experiment could be performed to sufficient accuracy in Galileo’s day.