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Kollie had a concealed carry permit and owned a micro Draco pistol, a Taurus semi-automatic and a.38 Taurus revolver, Glassman said.
He is further accused of illegally possessing those weapons as well as purchasing firearm components and body armor for Betts.
Deceased mass shooting suspect Connor Betts of Bellbrook, Ohio appears in an identity photograph released by police in Dayton, Ohio.
Betts opened fire in a popular entertainment district, killing his sister and eight others.
Kollie, who was arrested Friday, said he and Betts did "hard drugs", marijuana and acid together four or five times a week between 2014 and 2015, according to Glassman.
Kollie agreed to allow agents to search his home, and while inside, they say they smelled marijuana and observed in plain sight a bong and the Drago pistol.
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Federal officials also said on Monday that authorities have unlocked a cellphone belonging to Betts. He also told the agents that he had smoked marijuana nearly daily over a period of 10 years.
Kollie allegedly told agents he bought a high-capacity ammunition magazine, body armor, and part of the receiver for Betts' firearm.
Kollie and Betts allegedly assembled the AM-15 in Kollie's apartment about 10 weeks ago.
The FBI said last week that Betts, had a history of violent obsessions and had mused about committing mass murder before his rampage in Dayton's historic downtown. Kollie checked the "No" box.
The charging document says Ethan Kollie bought the items for Connor Betts and kept them at his apartment so his friend's parents would not find them.
During a second interview on August 8, Kollie told to agents that he and Betts had done "hard drugs", marijuana and acid together four or five times a weeks during 2014 and 2015. At that time, Betts took the magazine, the assembled weapon and the body armor.
He was also charged with possession of a firearm by an unlawful user of a controlled substance, according to court documents.