Bento Box has the exclusive right to build as many PM2's with that M390 blade with that blue color handle as they want. My guess is they will sell as many as they can right now and into the future as possible. I'm sure we will see many more of them after this batch sells out.
That's not quite accurate. Bento Box would have to order batches of these from Spyderco, and by that I mean that they are produced in production runs enough to make sense for Spyderco. For example, a minimum production run might be 250 or 500 or something like that, versus 10 or 15. Second runs of dealer exclusives are not common. Off of the top of my head, the only other 2nd run that I can think of was the EDC forums Moonglow Manix 2. There may have been more, but I can't recall any right now. To boot, I don't think that there have been any 3rd production runs of dealer exclusives.
A dealer can continue to order batches from Spyderco as noted, but most dealers don't after the first run. You have to think that as the dealer, you have to front the cash to Spyderco for the production run that they are given, and then they are stuck with them until they sell out. If they move slowly, that's a bunch of knives sitting there not making money for you. If you have ordered 600 of them, that's a lot more of any other single model that you will likely have on your shelves.
Another thing that makes the multiple run unique is that Spyderco is typically issuing other variants of the same knife: i.e. - in this case, the standard production Para 2's are there, and the upcoming green one. These variants, in a sense, are competing with each other for sales.
My guess is that there will not be another run of the Blue Para 2 after this one.