We argue that the s-channel cut contribution to J/psi hadroproduction can be significantly larger than the usual cut contribution of the color-singlet mechanism, which is known to underestimate the experimental measurements. A scenario accounting for intermediate $cbar(c)$ interactions is proposed that reproduces the data at low- and mid-range transverse momenta P_T from the Fermilab Tevatron and BNL Relativistiv Heavy Ion Collider. The J/psi produced in this manner are polarized predominantly longitudinally.
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