I can't remember the last time I saw .17 HM2 ammunition for sale. I've inquired of two large retailers whether the non-availability of rimfire ammunition is hurting their sales of rimfire rifles and pistols in general, and both replied to the affirmative - save the .17 HMR, which I do commonly see ammo on the shelf for.
I'd say that the future doesn't look all that bright for the HM2 unless this rimfire ammo thing gets figured out soon.