Well that is strange. There is a difference between the two partnumbers but the older one should only be incompatible with the C9300LM versions.
This is the screenshot for the Cisco mode C9300 stacking cables.
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This is also present in a Cisco community post.
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So it might be that the -M variants also use a slightly different version of stackwise-320. I would hope a Cisco engineer would explain the difference between the two.