This is still an issue as of February 2021. AFAIK JPEG 2000 support is disabled in Ubuntu due to a perceived risk of submarine patents.
However, there is a workaround that doesn't involve using third-party PPAs or compiling software yourself. The libopenjp2-tools package contains a decoding tool called opj_decompress that is able to convert .jp2 files into various lossless formats, including PNG, BMP, TIF, and RAW. It can even convert entire directories of files without the aid of external tools.
Convert a single file to TIF:
opj_decompress -i input.jp2 -o output.tif
Convert a directory of files to TIF:
opj_decompress -ImgDir my_jp2_images/ -OutFor TIF
Unfortunately, the native directory conversion isn't very fast due to it not being multithreaded. I've had to work on a large number of JPEG 2000 files over the years, and I've begun to use GNU Parallel to speed up the conversion process by using all the available CPU threads.
Converting all .jp2 files in a directory to .tif (need to be cd'd to the directory containing the files):
ls *.jp2 |parallel -j 10 --nice 19 --bar --will-cite "opj_decompress -i {} -o {}.tif"
Change the value of -j to however many threads want to use.
These files are very large since they don't use compression of any kind, so if you need to transfer them over a network or intend to store the them long-term, you might want to reduce their size by applying LZW compression:
ls *.tif |parallel -j 10 --nice 19 --bar --will-cite "mogrify -compress lzw {}"
In my experience, this can reduce file size by up to 50%.